Published: November 24, 2025 at 8:47 am
S4 Capital has warned that full-year performance will come in below expectations after a weaker third quarter was compounded by worsened trading in October.
In a statement released to the London Stock Exchange this morning, the digital advertising and marketing group said it had reviewed both its October financial results and a revised forecast for the third quarter.
The review showed net revenue falling behind plan, leading to a downgrade to its outlook for the year.
The London-based MarTech now expects like-for-like net revenue for 2025 to be down by “just under 10%”, a step back from the “upper single digits” decline it was guiding to in early November.
The company’s share price has already fallen by 8.4% in just over half an hour of trading today, dropping to 16.21p as of 8:38am.