ZOO Digital has provided a short update on current trading for the year ending March 2022. The strong momentum reported at the Interim results in November has continued into the second half, driven by new production resuming and the migration of back catalogue content for streaming, coupled with further territory launches. The full year is expected to be slightly ahead of guidance due to strong revenue growth and operational gearing. We are therefore upgrading our FY22 estimates.
26 Jan 2022
Strong trading update for FY22
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Strong trading update for FY22
ZOO Digital Group plc (ZOO:LON) | 37.5 0.2 1.4% | Mkt Cap: 36.7m
- Published:
26 Jan 2022 -
Author:
Gareth Evans | Tessa Starmer -
Pages:
3
ZOO Digital has provided a short update on current trading for the year ending March 2022. The strong momentum reported at the Interim results in November has continued into the second half, driven by new production resuming and the migration of back catalogue content for streaming, coupled with further territory launches. The full year is expected to be slightly ahead of guidance due to strong revenue growth and operational gearing. We are therefore upgrading our FY22 estimates.