XLMedia's trading update points to a broadly inline performance for 2019E and an investment programme for 2020E that will transform the Group. The investment in Group resources will enhance publishing assets and streamline the management structure. The group will remain solidly cash generative through this transformation period.
19 Dec 2019
Cenkos: XLMedia Plc -- Transformational investment
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Cenkos: XLMedia Plc -- Transformational investment
XLMedia Plc (XLM:LON) | 12.0 -0.1 (-4.2%) | Mkt Cap: 31.2m
- Published:
19 Dec 2019 -
Author:
Cavendish Research -
Pages:
5
XLMedia's trading update points to a broadly inline performance for 2019E and an investment programme for 2020E that will transform the Group. The investment in Group resources will enhance publishing assets and streamline the management structure. The group will remain solidly cash generative through this transformation period.