Despite the current macroeconomic environment caused by COVID-19 One Media is recommencing its dividend payments. This is testament to its cash generative recurring revenue model (c85%) and the resilience of the market it operates in. This resilience combined with One Media's seamless transition to working remotely has enabled the Group to trade in line with our full year forecasts at the interim stage. We expect the Group's financial performance to continue to outperform the wider market. Buy
06 May 2020
Cenkos: One Media iP Group Plc -- Dividend Declaration
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Cenkos: One Media iP Group Plc -- Dividend Declaration
One Media iP Group PLC (OMIP:LON) | 4.2 0 6.2% | Mkt Cap: 9.45m
- Published:
06 May 2020 -
Author:
Cavendish Research -
Pages:
5
Despite the current macroeconomic environment caused by COVID-19 One Media is recommencing its dividend payments. This is testament to its cash generative recurring revenue model (c85%) and the resilience of the market it operates in. This resilience combined with One Media's seamless transition to working remotely has enabled the Group to trade in line with our full year forecasts at the interim stage. We expect the Group's financial performance to continue to outperform the wider market. Buy