Wpp Place Company profile
About WPP PLC
WPP plc is a creative transformation organization, offering national and multinational clients a range of communications, experience, commerce and technology services. The Company operates through three segments Global Integrated Agencies, Public Relations and Specialist Agencies. The Company’s Global Integrated Agencies segment provides planning and creation of marketing, branding campaigns, design and production of advertisements across media, and media buying services. Its media buying services include strategy and business development, media investment, data & technology and content. Its public relations companies advise clients who are seeking to communicate with a range of stakeholders from consumers to governments and the business and financial communities. Its specialist agencies segment provides services by region or type.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, WPP PLC revenues increased 7% to £12.8B. Net income before extraordinary items totaled £637.7M vs. loss of £2.97B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects General and administrative costs decrease of 77% to £974.6M (expense), FV Adjustments of Financial Investment decrease of 40% to £87.8M (expense).
Equity composition
11/2008, Company name changed from WPP Group PLC.