WPP - WPP: Ad Giant Still Looks Attractively Valued
2024-03-26 20:58:58 ET
Summary
- WPP continues to reorganize its business with the launch of VML after merging VMLY&R and Wunderman Thompson.
- The company aims to improve its business performance with targets for revenue growth, operating profit margin, and operating cash flow conversion.
- WPP's dividend remains below pre-pandemic levels, but the attractive yield and potential for dividend growth make the shares appealing.
Advertising agency network WPP ( WPP ) continues to reorganise its business in an ever-evolving ad landscape. This year, for example, has seen the launch of VML after VMLY&R and Wunderman Thompson merged....
WPP: Ad Giant Still Looks Attractively Valued