Vocento (ES:VOC) has released an update.
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Vocento has reported a 2.4% decline in revenue for the first nine months of 2024, primarily due to weaker-than-expected advertising performance in both print and digital media. Despite challenges in the press segment, the company has seen a 4.1% improvement in its diversification businesses. With an ongoing efficiency plan and strategic review under new leadership, Vocento aims to address these challenges and adjust its EBITDA targets accordingly.
For further insights into ES:VOC stock, check out TipRanks’ Stock Analysis page.
