UK's STV Group falls after lower Q3 ad revenue forecast
08/09/2026 09:32
BUZZ-UK's STV Group falls after lower Q3 ad revenue forecast ** Shares of digital media co STV Group STVG.L down 7% at 104 pence
** Co expects Q3 total advertising revenue to be down about 5%
** Co's HY adjusted operating profit fell 12% to £5.9 million ($7.98 million) despite total advertising revenue rising 5% to £48.1 million
** STVG down ~3% YTD
($1 = 0.7393 pounds)
(Reporting by Nithyashree R B in Bengaluru)