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BCG — Baltic Classifieds News Story

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TechnologyAdventurousMid CapFalling Star

UK's Baltic Classifieds plunges on downbeat profit margin outlook

**  Shares of UK's Baltic Classifieds Group BCG.L down 20.2% at 175p - stock top loser on FTSE mid-250 index .FTMC, which is up 0.05%

** BCG expects slower revenue growth and ongoing product investment to compress EBITDA margins

** Co also expects growth will be led by real estate and auto, with jobs & services and generalists growing moderately; co remains cautious on inventory trends

** Co's outlook lacks usual clarity due to reduced visibility in real estate and jobs & services, driving today’s share weakness, though analysts see these issues as temporary- Peel Hunt

**YTD, stock had fallen 45.64%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))

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