By focusing on Publishing activities and reducing exposure to its Media interests, the announced strategic update should deliver a higher quality business. Investment in Publishing assets will continue and there will be a focus on growth opportunities in the US market. The progressive dividend policy is maintained including a pay-out ratio of 50%+ of net profits.

26 Feb 2019
Cenkos: XLMedia Plc - Focus on Publishing assets

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Cenkos: XLMedia Plc - Focus on Publishing assets
XLMedia Plc (XLM:LON) | 6.8 0 0.0% | Mkt Cap: 9.52m
- Published:
26 Feb 2019 -
Author:
Cavendish Research -
Pages:
5 -
By focusing on Publishing activities and reducing exposure to its Media interests, the announced strategic update should deliver a higher quality business. Investment in Publishing assets will continue and there will be a focus on growth opportunities in the US market. The progressive dividend policy is maintained including a pay-out ratio of 50%+ of net profits.