Digitalbox PLC's (LON:DBOX) James Carter says the company expects to report an adjusted pre-tax profit ahead of management expectations for the first half of the year. The owner of the Daily Mash and Entertainment Daily websites says trading in the period has been encouraging with strong operating margins and a rise in its cash balance to £1.2mln from £600,000 on December 31, 2019. Carter says advertising spending is showing signs of recovery in the third quarter.
Digitalbox Group's James Carter says they're seeing signs of a recovery in advertising spending
