YouGov plc issued a trading update for the half year ending 31 January 2025. The Group said, in the first half of the financial year, it has delivered modest growth on an underlying basis reflecting stabilisation in core business, with strong growth on a reported basis due to the inclusion of the CPS acquisition. The Group noted that this performance is in line with management expectations. Looking ahead, the Group expects to deliver continued modest year-on-year revenue growth on a reported basis over the course of the second half of fiscal 2025.
Separately, Steve Hatch and the Board have mutually agreed that he will step down as Chief Executive Officer with immediate effect, with Stephan Shakespeare appointed as CEO on an interim basis. The Board will commence a recruitment process to appoint a CEO.
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