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IndustrialsSpeculativeMid CapFalling Star

GlobalData falls on lowering profit margin forecast

** Shares of British data analytics and consulting company GlobalData DATA.L down 5.3% at 114.5p

** DATA expects H2 adj EBITDA margin to be at about 37%

** Says, with continued investment in H2 & acquired businesses being integrated more slowly than expected, the H2 adj EBITDA margin is now expected to be lower than previously anticipated

** Also expects, FY25 adj EBITDA margin to be about 35%

** Adds, against backdrop of some macro-economic challenges and foreign currency headwinds, continue to expect to deliver low single-digit adj rev growth for FY25, in line with market consensus

** Including session's losses, stock down ~39% YTD

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))

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