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WPP reports a slight 2024 revenue dip but optimistic on AI investments for future growth.
WPP, an advertising firm, saw its revenue slightly decline by 0.7% in 2024, though its like-for-like revenue rose 2.3%.
Despite a drop in share price by 17%, the company reported improved operating margins and cash flow.
WPP plans to invest more in AI and technology, aiming for flat to a 2% decline in revenue this year.
The CEO acknowledged challenges but highlighted wins with major clients and investments in innovation to support future growth.
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WPP reporta una ligera caída de los ingresos en 2024 pero optimista en las inversiones en IA para el crecimiento futuro.