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WPP PLC

CFD on the WPP PLC (WPP.L) stock quote.

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Product Type: Stock CFDMarket: LSE
Sector: CommunicationsIndustry: Media
Country: United KingdomCurrency: GBP
Trading Hours: According to marketMeasurement Unit: Shares
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Description:

WPP PLC is a British multinational company engaged in advertising and public relations based in London and Ireland. Following the acquisition of a number of companies in media and market research, it is considered one of the big four global agency companies. The company currently operates in over 100 countries and has a total of 205,000 employees. It is listed on the London Stock Exchange and is a constituent member of the FTSE 100 Index. It also has a secondary listing on NASDAQ.

Interesting Facts:

  • In 2000, the company acquired US-based advertising company Young & Rubicam for $5.7 billion, the largest takeover in the sector at the time and created the largest advertising company in the world by revenue.
  • In 2016, the company had a revenue of £4.39 billion.
  • WPP actually stands for Wire and Plastic Products PLC, since the company originally manufactured wire shopping baskets.