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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  WPP Group    WPP   JE00B8KF9B49

WPP GROUP

(WPP)
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WPP : Named Most Creative Communications Company of the Decade by Cannes Lions International Festival of Creativity

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06/26/2020 | 09:12am EDT

The Cannes Lions International Festival of Creativity has today named WPP (NYSE:WPP) as holding company of the decade.

Cannes Lions is the world’s leading event and awards programme for the creative marketing community. This year’s special global rankings recognise those companies which have demonstrated the greatest sustained creative excellence, based on winning and shortlisted work over the last 10 years.

Among the Lions awarded between 2010 and 2019, WPP agencies won a total of 51 Grand Prix and Titanium Lions for a huge variety of work including: 2011’s Dove Real Beauty Sketches by Ogilvy – one of the most-viewed advertisements of all time; 2016’s double Grand Prix-winning, data-driven The Next Rembrandt for ING by Wunderman Thompson; and last year’s Glass Lion for Change and Titanium winner The Last Ever Issue for Mastercard and BNP Paribas by VMLY&R and Wavemaker, which sought to transform the narrative for women.

VMLY&R Dubai also won Regional Agency of the Decade in Middle East and Africa.

Mark Read, CEO of WPP, said: “Cannes Lions is our industry’s most important celebration of creativity, and this award makes me prouder than ever of our people and the extraordinary work we’ve done for our clients.

“Creativity is more than just a great idea; it’s about changing perceptions, questioning the status quo and transforming businesses. I would like to thank our fantastic clients who recognise the power of that creativity and who put their trust in WPP and our agencies to deliver it every day, all around the world.”

About WPP

WPP is a creative transformation company. We use the power of creativity to build better futures for our people, clients and communities. For more information, visit www.wpp.com.


© Business Wire 2020
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Financials
Sales 2020 9 560 M 12 527 M 12 527 M
Net income 2020 571 M 749 M 749 M
Net Debt 2020 2 284 M 2 993 M 2 993 M
P/E ratio 2020 14,4x
Yield 2020 3,98%
Capitalization 7 841 M 10 230 M 10 275 M
EV / Sales 2020 1,06x
EV / Sales 2021 0,99x
Nbr of Employees 106 786
Free-Float 93,7%
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Mean consensus HOLD
Number of Analysts 23
Average target price 743,83 GBX
Last Close Price 644,80 GBX
Spread / Highest target 102%
Spread / Average Target 15,4%
Spread / Lowest Target -48,5%
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Managers
NameTitle
Mark Julian Read Chief Executive Officer & Executive Director
Roberto Quarta Non-Executive Chairman
Andrew Grant Balfour Scott Chief Operating Officer
John Terence Rogers Chief Financial Officer & Director
Stephan Pretorius Chief Technology Officer
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