Zinc Media Group PLC - UK-based TV and multimedia content producer - Wins additional £4 million of new business in four weeks since April 22. Year to date revenue already booked for 2022 stands at £17 million, as a result. Says this compares to revenue of £17.5 million for the whole of 2021. Notes pipeline for this year remains ‘strong’ with £7 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%
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