Ascential – Roaring Lions
Ascential PLC (LON:ASCL), owner of the Cannes Lions festival and a leading player in the world of eCommerce optimisation today reported interim results that saw revenues growing by double digits in all divisions.The Cannes Lions festival, held in person for the first time since the pandemic began, saw revenues exceed 2019 levels.The Digital Commerce division saw underlying growth of 19%, Product Design grew 14% and Marketing, driven by the return of the Lions, rose 88%.The results were broadly in-line with market expectations, with reported revenues rising by 69% to £261m and adjusted EBITDA r...