Brief: Catena Media Flags Market Headwinds In North American Sports
07/05/2024 06:20
May 7 (Reuters) - Catena Media PLC CATME.ST :
* COMPETITIVE INTENSITY CONTINUED TO BUILD IN NORTH AMERICAN SPORTS OVERALL, REFLECTING
ENTRY OF
MORE AFFILIATES INTO MARKET.
* STRONGER COMPETITION, TIGHTENED MARKETING SPENDING, CHALLENGING COMPARABLES WITH Q1 2023
PUSH
REVENUE AND EBITDA LOWER.
Source text for Eikon: ID:nWkrQSLYk
Further company coverage: CATME.ST
(Gdansk Newsroom)
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