The WPP Plc Board is proposing a final dividend for 2021 of 18.7 pence per share, which together with the interim dividend paid in November 2021 gives a full-year dividend of 31.2 pence per share. The record date for the final dividend is 10 June 2022, and the dividend will be payable on 8 July 2022.
Other financial highlights include:
FY continuing operations reported revenue +6.7%, LFL revenue +13.3%
FY LFL revenue less pass-through costs +12.1%; Q4 +10.8%
2-year FY LFL revenue less pass-through costs +2.9%; Q4 +3.6%
FY headline operating margin 14.4%, up 1.7pt LFL on prior year
Reported diluted EPS 52.5 pence; headline diluted EPS up 30.6% to 78.5 pence
Free cash flow of £1.3 billion
Adjusted net debt at 31 December 2021 £0.9 billion, after significant growth investments and shareholder returns, reflecting very strong cash generation
