”Whereas it’s early within the 12 months, we’re not anticipating 2024 to point out macro-economic enchancment, and shopper warning on advertising spend will probably persist, though not finally 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 price reductions, broadly comparable efficiency in Information&Digital Media to final 12 months and a tougher outlook for Expertise Companies. In these unpredictable instances, we’re centered on positioning the Firm for medium time period progress, enhancing profitability and returning funds to shareowners.”