11th Feb 2019 07:00
DCD Media Plc
("DCD Media", the "Company" or the "Group")
Trading Update
DCD Media, the independent TV distribution and production group, provides the following trading update for the year ended 31 December 2018.
The Company now expects to report revenue for the year ended 31 December 2018 of approximately £7.3 million and a c.£0.1m profit at both EBITDA and pre-tax profit level.
The Company also notes that, as an update on 2019 trading, the sales team have delivered a very strong start to Q1, with sales that were expected to fall into last year falling into the current year giving cause for optimism for the current financial year.
Financial expectations noted above are preliminary, and subject to year-end financial close and audit review processes. DCD Media intends to issue its results for the year ended 31 December 2018, on 31 May 2019 at which point a more detailed update will be provided.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For further information please contact:
Lucy Pryke
Investor Relations/ Media Relations
DCD Media plc
Tel: +44 (0)20 3869 0190
Carl Holmes / Giles Rolls
finnCap
Tel: +44 (0)20 7220 0500
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