Yougov plc (GB:YOU) has released an update.
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YouGov PLC has reported a 30% increase in revenue for the year ending July 2024, reaching £335.3 million, primarily driven by contributions from its Consumer Panel Services. Despite achieving slightly higher revenue and operating profit than anticipated, the company faced a decline in statutory profit due to costs related to acquisitions and restructuring. YouGov is focused on cost optimization and strategic growth areas, including enhancing AI capabilities and data products, as it looks forward to FY25.
For further insights into GB:YOU stock, check out TipRanks’ Stock Analysis page.
