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He added: “Whereas it’s early within the 12 months, we aren’t anticipating 2024 to indicate macro-economic enchancment, and shopper warning on advertising and marketing spend will possible persist, though not ultimately 12 months’s degree given rates of interest are more likely to fall over time. Preliminary indications are for an enchancment in efficiency within the Content material apply, reflecting value reductions, broadly related efficiency in Information&Digital Media to final 12 months and a tougher outlook for Expertise Providers. In these unpredictable occasions, we’re centered on positioning the Firm for medium time period progress, enhancing profitability and returning funds to shareowners.”