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LON:LBG

LBG Media PLC

OPPORTUNISTIC BUY Analysis generated 2026-10-28 Market data as of 2026-11-12 Market data 3 days old 28.40p Communication Services - PublishingAWAIT ENTRY
ACTIONABLEMethodology gates passed
55

Position levels

Currenttoday
28.40p
Buy <=wait / entry
25.00p
Trim >=take some off
35.00p
Thesis breakA renewed EBITDA decline, continued material Indirect weakness, another reductio...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case23%100 / 10023.0
Base case47%62 / 10029.1
Bear case30%10 / 1003.0
Weighted conviction55 / 100 - OPPORTUNISTIC BUY

Top risks

  • Full year revenue in line with expectations at approximately GBP 106.0m (+16% YoY) but Adjusted EBITDA down 35% to GBP 16.5m
  • Direct revenues grew 69% YoY while Indirect revenues declined 50%
  • Acquisition of Uncovered completed 19 June 2026 contributing to US direct revenue momentum
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.

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