WPP Q3 FY25 Revenue Falls 8.4% YoY as Client Losses, Media Slowdown Hit Growth
WPP reported a 5.9% like-for-like decline in revenue less pass-through costs for Q3 FY25, citing client losses, muted ad spending, and macroeconomic uncertainty. Total revenue for the quarter stood at £3.26 billion, down 8.4% year-on-year, while revenue less pass-through costs fell 11.1% on a reported basis to £2.46 billion. With results at the “low end of expectations,” the company cut its full-year outlook, … Read more