UK's STV warns profit to miss market view on weak ads market, shares plunge
28/07/2025 08:45
July 28 (Reuters) - British digital media firm STV Group STVG.L warned on Monday that annual revenue and profit would fall short of market expectations due to a worsening advertising market, sending its shares to an over 12-year low. The shares fell nearly 27% to 140 pence, heading for their worst one-day percentage drop ever. (Reporting by Unnamalai L in Bengaluru; Editing by Mrigank Dhaniwala) ((Unnamalai.L@thomsonreuters.com;))