Webis Holdings (GB:WEB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Webis Holdings PLC has reported that their anticipated improvement in Business-to-Customer (B2C) operations did not materialize, as challenges like unprecedented weather-related race meeting cancellations in the US led to losses in the second half of the fiscal year that are comparable to those of the first half. The company is in the midst of finalizing its accounts for the year ended May 31, 2024, and plans to reveal more details regarding its performance and future strategic direction once the accounts are announced.
For further insights into GB:WEB stock, check out TipRanks’ Stock Analysis page.
