Ten Alps’ first half trading update demonstrated that it is making good progress in not only getting the group back into profit but also in developing the high potential, high value TV business. The acquisition of Reef TV is performing very well and the TV operation is on track for our full year EBITDA estimate. Confidence in the full year TV performance is based on over 50% of H2 targeted revenues being contracted, in addition to a strong pipeline that could lead to outperformance. The turnarou ....
29 Jan 2016
driving turnaround in group profit
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driving turnaround in group profit
Zinc Media Group plc (ZIN:LON) | 77.5 0 0.0% | Mkt Cap: 17.6m
- Published:
29 Jan 2016 -
Author:
Johnathan Barrett -
Pages:
7
Ten Alps’ first half trading update demonstrated that it is making good progress in not only getting the group back into profit but also in developing the high potential, high value TV business. The acquisition of Reef TV is performing very well and the TV operation is on track for our full year EBITDA estimate. Confidence in the full year TV performance is based on over 50% of H2 targeted revenues being contracted, in addition to a strong pipeline that could lead to outperformance. The turnarou ....