STV Group plc (STVG.L), a Scottish-based digital media company, on Thursday reported that its interim results for the 6 months ended June 30 loss before tax compared with the previous year.
For 6-month, loss before tax came in at 0.2 million pounds compared with profit of 4.8 million pounds in the prior year.
Loss per share were 0.1 pence versus earnings per share of 12.1 pence last year.
Adjusted profit before tax declined to 4.1 million pounds from 8.6 million pounds in the previous year.
Adjusted earnings per share were 7.1 pence versus 15.1 pence last year.
Operating profit decreased to 3.3 million pounds from 6.5 million pounds in the prior year.
Adjusted operating profit declined to 6.7 million pounds from 10.6 million pounds in the previous year.
Revenue declined to 90 million pounds from 90.4 million pounds in the previous year.
Further, the company said there is no no change to its full-year 2025 outlook as guided in July, with third-quarter total advertising revenue expected to be down about 8% and limited visibility, as current indications for October look similar.
The company expected revenue for the full year 2025 to range between 90 million pounds and 95 million pounds.
Adjusted operating margin for the full year 2025 is expected to circa 7%.
STV Group is currently trading, 1.57% lesser at 112.70 pence on the London Stock Exchange.
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