26th May 2022 14:51
Zinc Media Group PLC - UK-based TV and multimedia content producer - Wins additional GBP4 million of new business in four weeks since April 22. Year to date revenue already booked for 2022 stands at GBP17 million, as a result. Says this compares to revenue of GBP17.5 million for the whole of 2021. Notes pipeline for this year remains "strong" with GBP7 million in "highly advanced discussions."
"The group's rate of new business wins in 2022 has been excellent and we are confident of significantly growing revenue year-on-year. We continue to invest in new hires and in new markets and are confident about the outlook for the remainder of the year and beyond," Chief Executive Mark Browning comments.
Current stock price: 115.40 pence, up 3.5% on Thursday
12-month change: down 63%
By Abby Amoakuh; [email protected]
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