ZOO has announced an exceptionally strong H1 period (to end-September) with revenue almost doubling year on year and strong growth in both profitability and cash generation. The result is in line with September’s trading update, which prompted significant upgrades to estimates for this year and next. The business appears well positioned to benefit from ongoing growth in media content production, with the key streaming providers racing to deliver international (and therefore multi-language) conte ....
08 Nov 2022
PROGRESSIVE: Zoo Digital: Growth, cash and opportunity
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PROGRESSIVE: Zoo Digital: Growth, cash and opportunity
ZOO Digital Group plc (ZOO:LON) | 37.2 -0.2 (-1.3%) | Mkt Cap: 36.5m
- Published:
08 Nov 2022 -
Author:
Gareth Evans | Tessa Starmer -
Pages:
15
ZOO has announced an exceptionally strong H1 period (to end-September) with revenue almost doubling year on year and strong growth in both profitability and cash generation. The result is in line with September’s trading update, which prompted significant upgrades to estimates for this year and next. The business appears well positioned to benefit from ongoing growth in media content production, with the key streaming providers racing to deliver international (and therefore multi-language) conte ....