MediaZest Plc Further Update re: Trading Performance
09 Junio 2020 - 11:18AM
UK Regulatory
TIDMMDZ
9 June 2020
MediaZest Plc
("MediaZest", the "Company" or the "Group"; AIM: MDZ)
Further Update re: Trading Performance
The Board provides a further update on trading for the six months to 31 March
2020 following the Group's 'Updated Trading Performance and Covid-19 update'
announcement yesterday.
After further analysis, the Board confirms the Group recorded an unaudited
EBITDA loss of GBP11,000 (as opposed to a GBP57,000 EBITDA profit) and a loss after
tax of GBP43,000 (as opposed to a loss of GBP50,000) for the 6 months to 31 March
2020.
In addition, the Group had net assets of GBP1,548,000 (as opposed to GBP1,629,000)
at 31 March 2020.
This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014.
Enquiries:
Geoff Robertson 0845 207 9378
Chief Executive Officer
MediaZest Plc
David Hignell/Soltan Tagiev 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
(END) Dow Jones Newswires
June 09, 2020 12:18 ET (16:18 GMT)
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