XLMedia PLC Trading Update (4344F)
12 Novembro 2015 - 5:01AM
UK Regulatory
TIDMXLM
RNS Number : 4344F
XLMedia PLC
12 November 2015
For immediate release 12 November 2015
XLMedia PLC
("XLMedia" or "the Group" or "the Company")
Trading update
XLMedia (AIM: XLM), a leading provider of digital performance
marketing services, announces the following trading update for the
financial year ending 31 December 2015.
The Group has continued to deliver strong growth in the second
half of 2015, building on an excellent performance in the first
half. As a result, the Company expects to exceed current market
expectations delivering annual revenues of at least $88.0 million
and adjusted EBITDA of at least $27.5 million. This strong
performance represents growth of approximately 73 per cent. and 62
per cent. respectively compared to FY 2014.
During 2015 the Group has made continued progress on the
execution of its strategic plan, as demonstrated through the
acquisitions of performance marketing company, Marmar Media and the
acquisition of bolt on publishing assets. Furthermore, EDM, the
social and mobile gaming marketing company which the Group acquired
in September 2014, is also performing strongly. XLMedia has
benefitted from its increased scale and the addition of further
clients increasing the Group's client base and its marketing
channels. The Group has seen further benefits through the increase
in its geographic presence mainly in North America, UK and
Europe.
The Group's strong organic growth combined with the successful
integration of the recent acquisitions positions the Company well
to further develop the business. Accordingly the Board remains
confident of the Company's future prospects.
Ory Weihs, Chief Executive Officer, commented:
"We are extremely pleased with the strong financial performance
that the Group is delivering and look forward to updating the
market on our full year results for 2015."
For further information, contact:
XLMedia plc Tel: 020 8817 5283
Ory Weihs
ir@xlmedia.com
www.xlmedia.com
Vigo Communications Tel: 020 7016 9570
Jeremy Garcia / Fiona Henson
www.vigocomms.com
Cenkos Securities plc (Nomad and Joint Broker) Tel: 020 7397 8900
Ivonne Cantu / Camilla Hume
www.cenkos.com
Liberum (Joint Broker) Tel: 020 3100 2000
Neil Patel
www.liberum.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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