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Share Name | Share Symbol | Market | Stock Type |
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Lbg Media Plc | LBG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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110.00 | 110.00 | 110.00 | 110.00 | 105.00 |
Industry Sector |
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MEDIA |
Top Posts |
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Posted at 04/3/2025 17:55 by masurenguy LBG Media brings non board ex-JD Sports CFO Neil Greenhalgh as part of growth push04 Mar 2025 LBG Media PLC has appointed Neil Greenhalgh, former CFO of JD Sports Fashion PLC as a Strategic Advisor. He brings with him a wealth of experience in scaling high-growth businesses and will play a crucial role in guiding the company’s ambitious expansion plans. Greenhalgh, who played a key role in JD Sports’ rise to the FTSE100, will focus on M&A, investor relations, and expanding international revenues beyond £200m. “LADbible Group has built an incredible brand with a highly engaged global audience of over a billion. I look forward to working with a talented team to help drive global expansion, strengthen financial performance, and seize new opportunities.&rdquo CEO and founder Solly Solomou said: “Neil’s track record in scaling powerhouse brands will be crucial as we continue to embark on our ambitious growth plans at pace. His leadership in business expansion and M&A will help drive our company to new heights. We’re pleased to welcome him to the team.” Greenhalgh joins a number of recent high-profile hires at LADbible Group, including recently appointed Simon Champion, Chief Business Officer, and Victoria Bickle, Managing Director of Client Solutions. |
Posted at 03/3/2025 14:47 by lennonsalive From Shares Magazine CEO Alexander (Solly) Solomou, David Wilson executive chair and Carol Kane non-executive director of diversified youth publisher LBG Media (LBG:AIM) have all bought shares in the company on 18 February, 17 February and 14 February respectively.Solomou bought 22,209 shares at 112p for a total value of £24,874, Wilson bought 45,192 shares at 110p for a total value of £49,847 and Kane bought 46,844 shares at 107p for a total value of £49,889.Following this purchase, Solomou has a beneficial interest of 87,042,137 shares, representing 41.63% of the issued share capital of the company, with 82,391,080 shares held within Solo Investments Holdings Limited and 4,651,057 shares held in his own name.This move comes after a 21% fall in the company's share price so far this year, the LADbible executives could be capitalising on this share price slump.On 13 February the company announced that the CFO Richard Jarvis was stepping down with immediate effect due to personal reasons.Despite this shock departure, LBG Media reported a positive set of results (on 22 January) with total revenue gaining 22% to £86.2 million for the year ending 30 September |
Posted at 25/1/2025 11:25 by gswredland NT very keen on these and interesting to hear Paul Scott on vox markets talking about LBG. He previously was not a major fan but his co writer just employed by him is keen and rates the shares green |
Posted at 22/1/2025 09:35 by masurenguy LBG Media has hailed 2024 as a 'transformational year', with the digital entertainment group reporting forecast-beating preliminary results. Strong momentum from its US expansion and diversified revenue base supported management's confidence in achieving a 10% top-line growth, as the business targets £200 million in annual turnover. The company, which targets young adults, reported total revenues of £86.2 million for the period to September 30, a 22% year-on-year increase. |
Posted at 07/1/2025 07:34 by masurenguy LBG Q3 results, for the 9 months to 30 September 24, will be announced on 22 January 2025. |
Posted at 18/9/2024 06:22 by masurenguy Great set of interims !STRONG FIRST HALF FINANCIAL PERFORMANCE AND MEANINGFUL PROGRESS TOWARDS £200M OF REVENUE. LBG Media is pleased to announce its results for the half year ended 30 June 2024. Key Highlights · Record audience of 494m globally, of which 141m is US, highlighting our unparalleled engagement and extensive reach with young adult audiences. · Strong revenue momentum with organic growth of 29% driving operational leverage and a significant increase in profitability. · Proven business model driving progress towards £200m of revenue with significant strategic and operational developments across growth lenses of Direct, Indirect and US expansion. · Strong momentum in the period to date and the Board is confident in delivering on market expectations for the 12 months to 31 December 2024.3 · Total Group revenue up 55% on a reported basis, with organic growth of 29%, which is faster than the overall market as our proposition continues to be increasingly compelling for advertisers. · The strength of our diversified revenue model continues to improve with Direct accounting for more than 50% of total Group revenue for the first time since inception, alongside progression of our Web operations which now account for 45% of total Indirect revenue in HY24. · Adjusted EBITDA of £10.2m (HY23: £3.0m) up 240% and benefitting from revenue growth, improvements delivered from the ANZ operating model changes and the accretive impact of Betches. Organic growth in adjusted EBITDA in the period was 190%. · Strong adjusted cash conversion of 152% resulted in cash and cash equivalents of £26.6m at the period end (31 December 2023: £15.8m).5 Outlook With strong financial performance and positive momentum across our growth lenses of Direct, Indirect and US expansion, management remains confident in the size of the opportunity ahead and the line of sight to £200m of revenue. Given the progress in the period to date the Board is confident in delivering on market expectations for the 12 months to 31 December 2024.3 As announced on 24 July 2024, the Group has changed its accounting reference date and financial year end so that, going forward, interim and annual accounts will be prepared and published for the six months ended 31 March and 12 months ended 30 September. The decision to change the year end was taken to better guide business planning and investment pacing and improve visibility over market dynamics, providing transparency for stakeholders by bringing the calendar Q4 spend into the first half of the financial year. As a result, our audited FY24 results, which in the first instance will be for the nine-month period ending 30 September, are expected to be announced in January 2025. A further update on current trading will be provided at our full year results in January, alongside expanded proforma disclosures for the Annual Report and FY24 results presentation. CEO, Solly Solomou commented: "Our strong first-half performance demonstrates excellent progress along our line of sight to £200m of revenue and showcases our team's success in diversifying income and strengthening our operating model. Key sporting event activations and rising audience numbers confirm our position as the number one digital entertainment brand for young adults, a highly sought-after but challenging demographic for marketers. I am more excited than ever by the opportunity that lies ahead, particularly in the US, where we are going from strength to strength and where the complementary nature of our combined businesses is already demonstrating success. Our thoughtful and engaging campaigns, which frequently deploy messages of social responsibility, remain central to our mission. In the complex digital media landscape, the detailed understanding we have of our audience and our propensity to be agile in such a dynamic market provide a strong foundation for long-term growth and the delivery of shareholder value." |
Posted at 09/7/2024 05:43 by masurenguy ‘Buy’ LBG Media, says BerenbergThe owner of LadBible, has reach into a ‘valuable audience’ of younger people. Analyst Ciaran Donnelly retained his ‘buy’ recommendation and increased the target price from 120p to 140p on the stock, which rose 1.9% to 108p on Monday. He said the stock is ‘adding value to blue-chip brands and is ‘uniquely positioned to enable brands to target the hard-to-reach young-adult audience’. The group’s audience grew by 23% in full-year 2023 to 452m and it delivered 128bn views in the year. "Revenues are split 43:57 between direct and indirect: on the direct side, it works with blue-chip brands like Visa, and Nike. Repeat client revenue in direct was 75% of the total in full-year 2023. This reflects the value that these and the other brands that LBG works with see in its offering, underpinned by the reach it provides into this valuable audience. We forecast 10% underlying direct revenue growth in full-year 2024." The shares have risen 50% since full-year 2023 results in April and are now trading on 15.7 times current year 2024 price to earnings. |
Posted at 23/4/2024 06:35 by masurenguy LBG Media plc announces that its audited financial results for the year ended 31 December 2023 are available to view on the Company's website at www.lbgmedia.co.uk. The audited final results contain no material adjustments to the unaudited results announced on Thursday, 18 April 2024. |
Posted at 19/4/2024 14:51 by nakedmolerat Alexander ‘Solly’ Solomou, chief executive of youth publisher LBG Media (LBG: AIM) bought 341,929 shares at an average of 73p for a total value of £248,753 on 18 April.Earlier in the week, the LADbible owner reported solid full-year results with group revenue rising 7.5% to £67.5 million. The company said adjusted EBITDA (earnings before interest taxation depreciation and amortisation) was ahead 10.8% year-on-year, reaching £17.4 million, with a healthy margin of 26% against 25% in the prior-year period. Solomou’s move could be seen as a vote of confidence in the youth publisher which is successfully expanding into the US with the October 2023 acquisition of digital media brand Betches for £19.3 million. |
Posted at 19/4/2024 14:04 by masurenguy LBG Media on trackLBG Media has made a good start to 2024 and there are signs that advertising will be positive for the digital publisher this year, says Peel Hunt. Analyst Jessica Pok retained her ‘buy’ recommendation and target price of 135p on the multi-channel youth publisher, which climbed 5.2% to 71p on Thursday. It reported a 7.5% increase in revenues to £68m and earnings growth of 11% to £17m in 2023 and audience performance indicators ‘continue to be very strong’, Pok said, with 452m global viewers worldwide, and video views up 30% year-on-year to 128bn. The group was ‘on track to meet full-year 2024 market expectations’, Pok explained. "So far the new year is going well, and the group looks on track… with LBG’s market-leading audience and attractive and differentiated offering to brands, management believe there is clear line of sight to £200m revenues in time. There are positive signs all around that social media will have a solid year for advertising in 2024 which will be supportive of LBG’s growth this year". she said The shares have fallen 9.3% this year but the full-year 2024 price-to-earnings multiple of 0.9 times means Pok is still a buyer. |
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