Zinc Media Group PLC Trading Update (5712A)
May 25 2023 - 2:00AM
UK Regulatory
TIDMZIN
RNS Number : 5712A
Zinc Media Group PLC
25 May 2023
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation.
25 May 2023
Zinc Media Group plc
("Zinc " or the "Group")
Trading Update
Zinc Media Group plc (AIM: ZIN), the award-winning television,
brand and audio production group, is pleased to announce a trading
update ahead of its Annual General Meeting being held today.
Since the trading update on 26 April 2023, the Group has
continued to perform very well winning an additional GBP3m of new
business which is expected to be recognised in the current
financial year. As a result, total revenue won and due to be
recognised in FY23 is now GBP29m (26 May 2022: GBP17m).
Growth continues to come from all divisions. The Group's
pipeline remains strong with a further GBP5m of revenue for
recognition in FY23 in highly advanced discussions.
Mark Browning, Chief Executive Officer, commented:
"During the last month we have continued our strong momentum in
FY23, and continue to win high quality work across all our
businesses. This gives increasing confidence that our performance
is in line with market expectations. Our programmes are world class
with many of them making headlines around the globe including Putin
vs The West , Bowelbabe and most recently Paid in Full: T he Battle
for Payback (working title) in partnership with Idris and Sabrina
Elba which was announced earlier this week".
Further information can be found at:
https://www.zincmedia.com/news/
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Mark Browning, CEO / Will Sawyer, CFO
www.zincmedia.com
Singer Capital Markets (Nominated Adviser and Broker) +44 (0) 20
7496 3000
James Moat / George Tzimas / Alex Emslie
IFC Advisory Ltd (Financial PR) +44 (0) 20 3934 6630
Graham Herring / Zach Cohen
About Zinc Media Group
Zinc Media Group plc is a premium television and content
creation group.
The award-winning and critically acclaimed television labels now
comprise Brook Lapping, Red Sauce, Supercollider, Tern Television,
Rex and Atomic, along with Bumblebee Post Production, and produce
programmes across a wide range of factual genres for UK and
international broadcasters.
Zinc Communicate specialises in developing cross-platform
content for brands, businesses, and rights holders.
The Edge Picture Company produces film content for brands and
corporates in the UK, Qatar and other international markets.
For further information on Zinc Media please visit
www.zincmedia.com .
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END
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May 25, 2023 02:00 ET (06:00 GMT)
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