1516 GMT - WPP probably didn't do enough with a simplification program under former CEO Mark Read and might still need another round of restructuring under new boss Cindy Rose, J.P. Morgan analysts say in a research note. The new CEO is expected to outline her vision for a simplified offering powered by AI and data alongside the U.K. advertising company's full-year results, JPM says. A perceived data deficit is arguably the biggest issue behind WPP's weaker top-line performance, JPM adds. "We would see weak net new business as only the visible tip of the iceberg and we suspect that beneath the surface WPP has seen reduced scope of work with existing clients, and had to work harder to retain clients--offering better pricing, or more services for a lower price," the analysts say. Shares fall 1.4%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
January 16, 2026 10:16 ET (15:16 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments