Ad group WPP sees Middle East uncertainty, but sticks to forecast
28/04/2026 07:01
LONDON, April 28 (Reuters) - Ad group WPP WPP.L said events in the Middle East were causing near-term uncertainty, but it stuck to its forecast for a mid to high single digits decline in like-for-like revenue less pass-through costs in the first half. The British company on Tuesday reported revenue less pass-through costs of 2.26 billion pounds ($3.05 billion) for the first quarter, down 6.7% on a like-for-like basis, but slightly ahead of analysts' expectations. ($1 = 0.7399 pounds) (Reporting by Paul Sandle; editing by Sarah Young) ((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))