WPP plc (WPP) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Good morning and warm welcome to our 2025 Preliminary Results and Strategy Update. By the way, that's our new brand refresh. I hope you like it. Created by Landor, AMP, and Man Vs. Machine, WPP agencies, all powered by WPP Open. So look, I'm delighted to welcome you all here to one South Fork Bridge to our campus here in London, which in many ways is symbolic of the future of WPP. It's modern, it's adaptive, it's collaborative workspace for our talent, our clients, and our partners. So the plan this morning is I'm going to start with some opening remarks and then I'm going to hand over to Joanne Wilson, our Chief Financial Officer, to share our 2025 preliminary results. Then I'll share our strategy update, and then we'll open up to Q&A. Before we start, I'd like to recommend that you take a moment to read this cautionary statement while I get out of your way. Have you all memorized that? Okay, good. So Joanne and I will be joined on stage later by Brian Lesser, who is CEO of WPP Media, when we get to the media section of the presentation. And most of my senior management team are here in the audience as well. Let me start by saying that WPP is an extraordinary company. We are built on agency brands with remarkable histories going all the way back to the 1800s. Some are still well-known today. Others have evolved into new parts of WPP, but together they have roots in creating iconic work that moves people and shapes culture. We serve some of the biggest, most demanding clients in the world, and we steward and grow some of the most well-known brands on the planet, several of whom you'll hear from and see referenced throughout today's presentation. And our business model is actually very simple. We exist to make our clients successful. We help ou...