Ten Alps indicates it is making progress in developing the TV business and that the acquisition of Reef is performing very well. The existing TV operation has seen some timing slips in commission sign offs but is still on track for our full year EBITDA estimate. This confidence is based on over 50% of H2 targeted revenues being contracted and a strong pipeline. The turnaround of the Publishing division is proving more difficult and the business is behind plan, albeit encouragingly still on track ....
28 Jan 2016
Trading update
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Trading update
Zinc Media Group plc (ZIN:LON) | 77.5 0 0.0% | Mkt Cap: 17.6m
- Published:
28 Jan 2016 -
Author:
Johnathan Barrett -
Pages:
3
Ten Alps indicates it is making progress in developing the TV business and that the acquisition of Reef is performing very well. The existing TV operation has seen some timing slips in commission sign offs but is still on track for our full year EBITDA estimate. This confidence is based on over 50% of H2 targeted revenues being contracted and a strong pipeline. The turnaround of the Publishing division is proving more difficult and the business is behind plan, albeit encouragingly still on track ....