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Live News EQUITY ARTICLE M impact

LBR revenue up 0.7% YoY as profits and margins fall

Libstar Holdings said revenue rose 0.7% year-over-year, but margins and profits declined due to cost pressures and integration disruptions. Strategic projects and portfolio optimisation are progressing for H2 recovery.

LBR

7% year over year, while margins and profits fell as the company cited cost pressures and integration disruptions. Strategic projects and portfolio optimisation are progressing, and the company expects H2 to benefit from seasonality and the early impact of initiatives.