H1 trading to June has been excellent, with Zinc achieving standout revenue growth of 54% y/y to £10.8m, reflecting both a full recovery from a Covid impacted 1H21, as well as strong execution, having won a number of significant programmes. In turn Zinc’s EBITDA loss has halved from £-1.1m to £-0.6m – a trend which we expect to continue in H2. Meanwhile new today, FY22 booked revenue now stands at £27m (thereby strongly underpinning unchanged current year forecasts of £26.5m) and furthermore, si ....
28 Sep 2022
A very strong H1 – well set to meet FY22 expectations
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A very strong H1 – well set to meet FY22 expectations
Zinc Media Group plc (ZIN:LON) | 77.5 0 0.0% | Mkt Cap: 17.6m
- Published:
28 Sep 2022 -
Author:
Harold Evans -
Pages:
3
H1 trading to June has been excellent, with Zinc achieving standout revenue growth of 54% y/y to £10.8m, reflecting both a full recovery from a Covid impacted 1H21, as well as strong execution, having won a number of significant programmes. In turn Zinc’s EBITDA loss has halved from £-1.1m to £-0.6m – a trend which we expect to continue in H2. Meanwhile new today, FY22 booked revenue now stands at £27m (thereby strongly underpinning unchanged current year forecasts of £26.5m) and furthermore, si ....