1252 GMT - WPP's fourth-quarter update pointed to some green shoots, but the combination of market sentiment and need for more clarity on asset sales might keep shares under pressure for now, Citi analysts say in a research note. Executives at the U.K. advertising company signaled they had completed a portfolio review and were making progress on actions to enable greater financial flexibility, Citi says. "While management didn't specify, we think the [public relations] assets are the most likely candidates, as well as divesting minorities, most notably Kantar," the analysts say. The sales would help the U.K. advertising company by easing market worries about debt while reducing complexity within the group, according to Citi. Shares fall 6.5%.(adria.calatayud@wsj.com)

(END) Dow Jones Newswires

1359 GMT - WPP's fourth-quarter update pointed to some green shoots, but the combination of market sentiment and need for more clarity on asset sales might keep shares under pressure for now, Citi analysts say in a research note. Executives at the U.K. advertising company signaled they had completed a portfolio review and were making progress on actions to enable greater financial flexibility, Citi says. "While management didn't specify, we think the [public relations] assets are the most likely candidates, as well as divesting minorities, most notably Kantar," the analysts say. The sales would help the U.K. advertising company by easing market worries about debt while reducing complexity within the group, according to Citi. Shares fall 6.5%.(adria.calatayud@wsj.com)

(END) Dow Jones Newswires

February 27, 2026 08:59 ET (13:59 GMT)

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