WPP plc (WPP) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.637 Hello, everyone, and thank you for joining the WPP Q1 Trading Update Call. 00:00:04.637 -- 00:00:06.840 My name is Claire, and I'll be coordinating your call today. 00:00:06.840 -- 00:00:11.786 During the presentation, you can register a question by pressing star followed by 1 on 00:00:11.786 -- 00:00:16.212 your telephone keypad. If you change your mind, please press star followed by 2 on your 00:00:16.212 -- 00:00:21.058 telephone keypad. I will now hand over to Joanne Wilson, Group Chief Executive Officer 00:00:21.058 -- 00:00:25.101 of WPP, to begin. Please go ahead. 00:00:25.544 -- 00:00:29.849 Good morning, everyone, and thank you for joining us for our first quarter results. 00:00:29.849 -- 00:00:33.855 I'm joined today by Tom Singlehurst, our Head of Investor Relations. 00:00:33.855 -- 00:00:36.560 Hopefully, you've had time to read the press release from this morning. 00:00:36.560 -- 00:00:41.047 There's also a full deck that accompanies this session with our usual disclosures, including 00:00:41.047 -- 00:00:45.594 our cautionary statements, which you should read carefully and take note of. 00:00:45.594 -- 00:00:49.340 Before we dive into the numbers, this is, of course, the first quarter that we are reporting 00:00:49.340 -- 00:00:53.206 on since we outlined the Elevate 28 strategy. 00:00:53.206 -- 00:00:57.929 As you know, this is a multi-year plan focused on returning WPP to growth. 00:00:57.929 -- 00:01:02.035 While it is still early days, we are very much on track against our strategic plan and 00:01:02.035 -- 00:01:06.722 encouraged by the client and employee response to the actions we are taking and the changes 00:01:06.722 -- 00:01:11.248 we are making. Driving this scale of change takes time and, of course, won't...