WPP Publishes Q3 2026 Trading Update Transcript

• WPP held its third-quarter trading update call on October 29, 2026, with CEO Cindy Rose, CFO Joanne Wilson and IR director Thomas Singlehurst.
• Management reiterated full-year operating margin guidance of 12%-13%; fourth-quarter like-for-like net sales should decline toward the better end of its low-to-mid-single-digit range.
• Third-quarter like-for-like net sales fell 2.1%, showing sequential improvement; revenue rose 0.5%.
• Media returned to growth at 0.3%, although timing benefits will reverse in the fourth quarter; Creative declined 5.1%.
• A return to growth remains expected during 2027; annualized savings from this year's restructuring actions will reach £250 million.

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