Webis Holdings (GB:WEB) has released an update.
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Webis Holdings PLC has reported that their anticipated improvement in Business-to-Customer (B2C) operations did not materialize, as challenges like unprecedented weather-related race meeting cancellations in the US led to losses in the second half of the fiscal year that are comparable to those of the first half. The company is in the midst of finalizing its accounts for the year ended May 31, 2024, and plans to reveal more details regarding its performance and future strategic direction once the accounts are announced.
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