Yougov plc (GB:YOU) has released an update.
YouGov plc, an international data analytics group, has reported lower than anticipated sales bookings leading to a decreased revenue forecast for FY24 at £324-327 million and an adjusted operating profit of £41-44 million. The company has identified challenges in the EMEA region, particularly the DACH area, and slower sales in the Data Products division. Looking forward, YouGov plans to optimize costs and invest in growth areas such as AI, data product upgrades, and sales enhancements to leverage its global panel and proprietary dataset.
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