Keywords Studios (GB:KWS) has released an update.
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Keywords Studios reports a 7% increase in group revenue to $440m and a moderate decline in organic growth by 2% for the first half of 2024, amidst a challenging market. The company’s adjusted operating profit fell to $57m, with an overall adjusted EBITDA decrease of 6.6%. Despite a mixed market backdrop and industry-wide slower content creation trends, Keywords remains optimistic about its long-term growth and upcoming improvements in the second half of the year.
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