UK&I Daily Focus: Monday, 22nd June 2026

Research evidence excerpt

UK&I Daily Focus: Monday, 22nd June 2026

ssions with investors often come back to those delivering

margin progress and where this is perhaps underappreciated by the market. With

a relatively quieter week this week in terms of news flow, we have updated our EV/

Sales to EBIT margin work, bringing in a decade-long view of how both components

have evolved individually.

DB MEDIA & ONLINE #WHAT'S APPENING - Prosus/FY26 trading update, WPP/

AWS deal, M6/Read from TF1 & NFLX deal

Silvia Cuneo: WPP (Buy, last close: 272.1p) : New multi-year agreement with AWS

is interesting though part of the general trend to closer collaboration/links across

media companies and technology providers. More specifically, this is a strategic

collaboration agreement for WPP Enterprise Solutions with AWS. WPP Enterprise

Solutions is a newly emerging part of WPP under its new proposed segmental

structure suggested by WPP at c. 13% of PF net revenues. This segment was

previously spread across various agencies within the Global Integrated Agency

segment (the Creative part at c. 45% of net revenues under the current structure).

WPP Enterprise Solutions is described by WPP as building platforms and systems

for enterprise level customers across commerce, content, CX, CRM and loyalty,

tech and data solutions.

KEEPING TABS ON TOBACCO - Global Tobacco Periodical

Daniel Tharian: FDA Authorises First Non-Menthol, Non-Tobacco Flavoured Vapes:

The FDA authorised four Glas Inc. pod-based e-cigarettes in May 2026, including

the first non-tobacco, non-menthol fruit flavors (Gold and Sapphire). These

products are designed for Glas’s age-gated device, featuring hardware and

software safeguards like age verification, Bluetooth pairing, and biometric check-

ins to prevent youth access.