LBG Media plc provided earnings guidance for the year 2023. The Board and wider management team remain focused on the Group's three strategic pillars for growth; geographic expansion, acquisitions and expansion of the company's capabilities. 2023 year to date performance has been positive, continuing the strong momentum seen in fourth quarter of 2022, and the Group remains on track to deliver external expectations for the full year.

As with prior years, revenue is affected by the seasonality in advertising spend (typically 40/60), with Adjusted EBITDA even more weighted towards second half given that operating costs are relatively evenly spread across the year.