WPP’s 2021 interim results reveal strong first-half and return to pre-pandemic levels ahead of forecast

August 6, 2021 10:27

WPP has released its 2021 interim results which report a strong first-half across the business, returning to pre-pandemic levels a year ahead of forecasts.

The company’s results showed its like-for-like revenue up 16.1% in the past six months and 26.4% for the three months up to 30 June, with the company planning a £350 million (A$658 million) buyback in H2.

Revenue in the first half was £6.1 billion (A$11.4 billion), up 9.8% from £5.6 billion (A$10.5 billion) in the first half of 2020, and up 16.1% like-for-like. Revenue less pass-through costs was £4.9 billion (A$9.2 billion), up 5% from £4.7 billion (A$8.8 billion) in the first half of 2020, and up 11% like-for-like.

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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