Investing in our people's future

115,000

People employed in over 100 countries across the globe
(2021: 109,000)

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40%

Women in executive leadership roles¹ (2021: 39%)

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33,000+

Technology accreditations and certifications awarded to our people
(2021: 30,000+)

Executive leadership roles are defined by WPP as the agency board and executive leadership population as reported through WPP’s financial reporting system

Including our industry-leading commitment to reduce carbon emissions from our own operations to net zero by 2025, and across our supply chain by 2030

0.22 tCO₂e

Carbon emissions per person² from direct operations (Scope 1 and 2)
(2021: 0.32 tCO₂e)

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83%

Electricity purchased from renewable sources
(2021: 74%)

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A-

CDP scorecard, ranking WPP highly on climate change
(2021: A-)

2 Full-time equivalent (FTE) employee

Delivering transformational results for our clients

307

of the Fortune Global 500 are WPP clients, reflecting demand for our services among the world's leading companies

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Creative Company of the Year

at Cannes Lions International Festival of Creativity 2022 (second year in a row)

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$5.9bn

net new billings³
(2021: $8.7bn)

3 Billings as defined in the Glossary on page 232 of the Annual Report

Helping to bring about change for the better in society

Leader

in the Bloomberg Gender-Equality Index

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100%

in the Human Rights Campaign Foundation Corporate Equality Index for LGBTQ+ communities
(2021: 100%)

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$16.2m

committed to racial equity and inclusion programmes since 2020 as part of our commitment to invest $30m over three years (figure excludes 2022 investments)

We are on track to achieve our goal of 3-4% growth in revenue less pass-through costs over the medium term

£14.4bn

Revenue
(2021: £12.8bn)

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£11.8bn

Revenue less pass-through costs¹
(2021: £10.4bn)

1 Like-for-like growth as defined in the Glossary on page 232 of the Annual Report

We are on track to meet our goal of headline 15.5-16.0% operating margin over the medium term

14.8%

Headline operating margin²
(2021: 14.4%)

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£375m

Transformation programme gross savings since 2019
(2021: £245m)

2 Headline operating profit of £1,742m, as a percentage of revenue less pass-through costs of £11,799m. Reported profit before tax was £1,160m (2021: £951m)

We remain in line with our leverage target of 1.5-1.7x average adjusted net debt/headline EBITDA³

£2.5bn

Adjusted net debt at year end
(2021: £0.9bn)

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1.5x

Ratio of adjusted net debt to headline EBITDA
(2021: 0.9x)

3 See definitions in the Glossary on page 232 of the Annual Report

Our dividends per share grew 26% over the last year and represent 40% of our headline EPS, which is in line with our target pay-out policy. We also bought back some of our shares to provide additional value to shareholders

39.4p

Dividends per share
(2021: 31.2p)

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£807m

Returned to shareholders through share buybacks
(2021: £729m)