MediaZest Plc Trading Update
May 30 2022 - 1:00AM
UK Regulatory
TIDMMDZ
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 0845 207 9378
Chief Executive Officer
MediaZest Plc
David Hignell/Adam Cowl 020 3470 0470
Nominated Adviser
SP Angel Corporate Finance LLP
Claire Noyce 020 3764 2341
Broker
Hybridan LLP
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
END
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