30 May 2022
MediaZest Plc
("MediaZest", the "Company” or the
“Group”; AIM: MDZ)
Trading Update
MediaZest (AIM: MDZ), the audio-visual solutions provider, is
pleased to provide an update on current trading and performance
during the first half of the current financial year, the six months
ended 31 March 2022 (the “Interim
Period”).
As expected and noted in the previous financial years’ results
announcement on 2 March 2022, the
current financial year began encouragingly with the Interim Period
showing significant improvement from prior year comparison.
As was the case in the six months to 30
September 2021, the Group achieved profitability at both
EBITDA and profit after tax levels. Detailed results for the
Interim Period are currently in preparation, in conjunction with
the Company’s auditors, and will be released in June 2022.
Current trading remains positive across the Group’s key retail,
automotive and corporate sectors. The Group is also seeing
increased demand for temporary and event driven technology as
clients’ customers return to their stores and other locations, and
seek to reintroduce the ‘wow factor’ to their marketing
activations.
A more comprehensive update will follow in the interim
results.
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and
is disclosed in accordance with the Company's obligations under
Article 17 of MAR.
Enquiries: |
|
Geoff Robertson
Chief Executive Officer
MediaZest Plc |
0845 207 9378 |
David Hignell/Adam Cowl
Nominated Adviser
SP Angel Corporate Finance LLP |
020 3470 0470 |
Claire Noyce
Broker
Hybridan LLP |
020 3764 2341 |
|
|
Notes to Editors:
About MediaZest
MediaZest is a creative audio-visual systems integrator that
specialises in providing innovative marketing solutions to leading
retailers, brand owners and corporations, but also works in the
public sector in both the NHS and Education markets. The Group
supplies an integrated service from content creation and system
design to installation, technical support, and maintenance.
MediaZest was admitted to the London Stock Exchange's AIM market in
February 2005. For more information,
please visit www.mediazest.com