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2019 AGM Statement

2019 AGM Statement.

articleWpp PlcJune 12, 20193/company/wpp-plc/news/2019-agm-statement
2019 AGM Statement

About this update from Wpp Plc

[{"type":"text","content":"\n \nRNS Number : 9730B WPP PLC 12 June 2019  \n\n\n\n\n\nFOR IMMEDIATE RELEASE\n\n\n12 June 2019\n\n\n\n\n \n \nWPP PLC \n(\"WPP\")\n \n2019 AGM Statement\n \nContinued progress on strategy; full-year guidance unchanged\n \nWPP held its Annual General Meeting at noon on 12 June 2019 at the Purcell Room in London's Southbank Centre.\n \nRoberto Quarta, Chairman of WPP, said:\n\"It has been a year of significant change for WPP. Throughout, the Board and the executive team have worked together closely to position the company for future success.\n\"Under Mark's leadership, the team has moved rapidly and decisively to implement the new strategy. We have been pleased by how well the plan has been received among investors, clients and partners. Critically, there is also strong backing for the company's direction and leadership among our own people. \n\"The team has listened carefully to all groups with a stake in WPP's future. The company has established its first employee forum in the UK, and similar forums will be established in other markets. We are fortunate to have so many talented people around the world and we are committed to ensuring their voice is heard as we take WPP forward.\"\n \nMark Read, Chief Executive Officer of WPP, said:\n\"In December we set out our vision for the future of WPP, and we continue to make progress in delivering our plan to return the company to sustainable growth over the next three years. Our financial guidance for the full year is unchanged.\n\"We continue our programme of new investment in creativity, technology and our people, and remain absolutely focused on the needs of our clients and the interests of all our shareholders. \n\"Our new business performance this year has been solid, with GroupM in particular maintaining its successful record in pitches. Notable wins for WPP and our agencies include adidas, Distell, Duracell, GSK, KangShiFu Drinks, L'Oréal, Signet and VodafoneZiggo.\n\"We believe in providing our people with outstanding, creative environments that enable them to do their best work, and we have accelerated the roll-out of WPP campuses around the world, with Amsterdam, Bucharest, Helsinki, Johannesburg, Madrid, Milan and Mumbai opening this year.\n\"The transformation of our culture is just as important as the transformation of our business, ...

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