WPP plc (WPP) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.301 Good morning, everyone. Good morning and warm welcome to our 2025 Preliminary Results 00:00:05.301 -- 00:00:08.828 and Strategy Update. By the way, that's our new brand refresh. 00:00:08.828 -- 00:00:12.134 I hope you like it. Created by Landor, AMP, and Man Vs. 00:00:12.134 -- 00:00:16.973 Machine, WPP agencies, all powered by WPP Open. 00:00:16.973 -- 00:00:21.901 So look, I'm delighted to welcome you all here to one South Fork Bridge to our campus 00:00:21.901 -- 00:00:26.167 here in London, which in many ways is symbolic of the future of WPP. 00:00:26.167 -- 00:00:31.275 It's modern, it's adaptive, it's collaborative workspace for our talent, our 00:00:31.275 -- 00:00:33.458 clients, and our partners. 00:00:33.458 -- 00:00:36.723 So the plan this morning is I'm going to start with some opening remarks and then I'm 00:00:36.723 -- 00:00:41.951 going to hand over to Joanne Wilson, our Chief Financial Officer, to share our 2025 00:00:41.951 -- 00:00:48.617 preliminary results. Then I'll share our strategy update, and then we'll open up to Q&A. 00:00:48.617 -- 00:00:53.346 Before we start, I'd like to recommend that you take a moment to read this cautionary 00:00:53.346 -- 00:00:56.948 statement while I get out of your way. 00:00:57.753 -- 00:00:59.753 Have 00:01:00.198 -- 00:01:05.370 you all memorized that? Okay, good. So Joanne and I will be joined on stage 00:01:05.370 -- 00:01:09.678 later by Brian Lesser, who is CEO of WPP Media, when we get to the media section of the 00:01:09.678 -- 00:01:15.649 presentation. And most of my senior management team are here in the audience as well. 00:01:15.649 -- 00:01:21.098 Let me start by saying that WPP is an extraordinary company. 00:01:21.098 -- 00:01:25.325 We are built on agency bran...