ZOO has delivered a strong AGM update, highlighting a solid performance in H1 to date, with profitability buoyed by high-margin technical work. The industry appears to be (albeit very slowly) establishing procurement platforms to build and manage the multiple new systems needed in the rush to direct-to-consumer models. We make no changes to forecasts, but look forward to further announcements during H2 and beyond.
18 Sep 2019
Poised to perform
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Poised to perform
ZOO Digital Group plc (ZOO:LON) | 35.8 -0.2 (-1.8%) | Mkt Cap: 35.0m
- Published:
18 Sep 2019 -
Author:
Gareth Evans -
Pages:
3
ZOO has delivered a strong AGM update, highlighting a solid performance in H1 to date, with profitability buoyed by high-margin technical work. The industry appears to be (albeit very slowly) establishing procurement platforms to build and manage the multiple new systems needed in the rush to direct-to-consumer models. We make no changes to forecasts, but look forward to further announcements during H2 and beyond.