
WPP raises dividend and full-year revenue outlook
By Harry Wise For This Is Money Published: 10:55 BST, 5 June 2023 | Updated: 10:56 BST, 5 June 2023
WPP has hiked its annual guidance and dividend payments following continued growth in deals with major corporate clients.
The world’s largest advertising agency, founded by marketing guru Sir Martin Sorrell, said it would hand investors a 15p per share interim dividend, an increase of 20 per cent on last year. It comes after the firm revealed that headline pre-tax profits expanded by £60million to £562million in the first six months of 2023 on the back of solid demand from the healthcare, technology and consumer packaging goods industries.
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