LBG Media (LBG)

Sector:

Media

Index:

FTSE AIM All-Share

 74.60p
   
  • Change Today:
      0.000p
  • 52 Week High: 104.50
  • 52 Week Low: 68.90
  • Currency: UK Pounds
  • Shares Issued: 209.08m
  • Volume: 40
  • Market Cap: £155.97m

LBG Media surges on 'robust' second half

By Josh White

Date: Monday 19 Dec 2022

LONDON (ShareCast) - (Sharecast News) - LBG Media said in a trading update on Monday that, after a "robust performance" in the second half to-date, full-year revenue was expected to be about £63m.
The AIM-traded company, which owns online publishing titles including 'Lad Bible' and 'Unilad', said adjusted EBITDA for the 12 months ending 31 December was set to come in at around £16m.

As expected, the board said revenue growth accelerated in the "seasonally stronger" second half, with group revenue set to have grown by more than 20% year-on-year.

"There has been growth across both direct and indirect segments against the backdrop of a challenging economic environment," the directors said in their statement.

"Given the momentum seen in the second half, and the cost reduction exercise completed in November, management is confident about the outlook for continued growth in 2023."

At 1144 GMT, shares in LBG Media were up 17.43% at 79.85p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LBG Media Market Data

Currency UK Pounds
Share Price 74.60p
Change Today 0.000p
% Change 0.00 %
52 Week High 104.50
52 Week Low 68.90
Volume 40
Shares Issued 209.08m
Market Cap £155.97m

LBG Media Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
46.86% below the market average46.86% below the market average46.86% below the market average46.86% below the market average46.86% below the market average
23.4% below the sector average23.4% below the sector average23.4% below the sector average23.4% below the sector average23.4% below the sector average
Income Not Available
Growth
12.26% above the market average12.26% above the market average12.26% above the market average12.26% above the market average12.26% above the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average

LBG Media Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 39 @ 74.60p
16:35 13 @ 74.60p
16:35 26 @ 74.60p
16:29 1 @ 74.60p

LBG Media Key Personnel

CEO Alexander William Solomou
COO Arian Mahmoud Kalantari

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