image

The best stocks to buy since 1993

Our latest issue will be released in 4 days, don't miss out!

LBG Media

January 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LBG
  • Price:
  • 80p
LBG’s preclose update said it expects FY23 sales growth of ~7% to £67m with EBITDA to be at least +8% to £17m, implying a margin of 25.4%, +0.4bps YOY, despite Australia underperforming. Followers have grown +20% to more than 440m and it is winning a number of new, direct advertising relationships with blue chip customers.  The  UK and Ireland businesses have continued to perform well. Australia underperformed but the group has changed its operating model and  announced a strategic partnership with Val Morgan Digital – the largest online media publishers in Australia, who will represent LBG’s brands from a commercial perspective in the region from January. Organic growth in Australia on its own would have held back growth but of c ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

author

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe