LBG Media Plc (GB:LBG) has released an update.
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LBG Media Plc reports a robust financial performance for the first half of 2024, with a 55% increase in total group revenue and a 240% surge in adjusted EBITDA, highlighting significant progress towards their £200m revenue goal. The company’s success is attributed to its strong audience growth, particularly among young adults, and its effective diversified revenue model. With confident projections for the remainder of the year, LBG Media continues to strengthen its market position, especially in the US.
For further insights into GB:LBG stock, check out TipRanks’ Stock Analysis page.
