S4 Capital Plc (GB:SFOR) has released an update.
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S4 Capital Plc reports a decrease in net revenue by 15.6% like-for-like and a 17.5% drop in operational EBITDA, amid challenging global economic conditions and cautious client spending, particularly in the Technology Services sector. Despite these setbacks, the company secured a major new AI-driven client account, which is expected to bolster future growth. S4 Capital maintains its full-year profit target, banking on significant cost reductions and a strategic focus on digital advertising and marketing services to navigate through market uncertainties.
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