LBG Media plc Announces FY26 Trading Update

LBG Media expects FY26 revenue of approximately £106.0 million, up 16% at constant currency, and adjusted EBITDA of £16.5 million, down 35% as previously indicated. Direct revenues rose 69% year on year, largely driven by its US business Betches, while indirect revenues fell 50% amid sector challenges. Acquired agency Uncovered contributed £6.1 million in revenue and £1.5 million in adjusted EBITDA; net debt was £5.8 million, compared with net cash a year earlier, reflecting the acquisition and ongoing investment. LBG expects to report full FY26 results in February 2027.