UK's Baltic Classifieds tumbles on downbeat H1 revenue growth forecast
02/07/2026 08:50
BUZZ-UK's Baltic Classifieds tumbles on downbeat H1 revenue growth forecast ** UK-listed online classifieds group Baltic Classifieds' BCG.L shares fall 9.3% to 181.20 pence, biggest loser across all London stocks
** Steepest one-day drop since December 2025
** Co forecasts ~10% revenue growth in 2027; BCG expects slower H1 revenue growth and faster growth in H2
** Revenue rises 7% to 88.5 million euros ($100.84 million), with core profit margin at 78%, for year ended April 30
** "Overall, the results are slightly disappointing; 2027 guidance implies a 4% cut to consensus core profit expectations" - J.P.Morgan
** As of last close, stock down 1.2% YTD
($1 = 0.8777 euros)
(Reporting by DhanushVignesh Babu in Bengaluru)