Notice of Results

RNS Number : 8871Y

XLMedia PLC

14 September 2020

 

14 September 2020

XLMedia PLC

("XLMedia" or the "Group" or the "Company")

Notice of Results

XLMedia (AIM: XLM), a leading global digital performance publisher , will announce its financial results for the six months ended 30 June 2020 on Tuesday, 29 September 2020.

For further information, please contact:

XLMedia plc Stuart Simms, Chief Executive Officer Iain Balchin, Chief Financial Officer Kieran McKinney, Investor Relations www.xlmedia.com	[e-mail]
Vigo Communications Jeremy Garcia www.vigocomms.com	Tel: [phone]
Cenkos Securities plc (Nomad and Joint Broker) Giles Balleny / Max Gould www.cenkos.com	Tel: [phone]
Berenberg (Joint Broker) Chris Bowman / Mark Whitmore / Simon Cardron www.berenberg.com	Tel: [phone]

Notes:

XLMedia is a leading global digital performance publisher. Operating globally across a variety of verticals including online gambling, personal finance, sports and technology, the Group uses proprietary tools and methodologies to identify and target high value clients for platform operators.

XLMedia has a clear transformation strategy, which will enable it to shape the future of the performance publishing industry.  As previously communicated, the Company has set three Strategic Goals:

· Consolidation of publishing assets

o  The Company will consolidate its range of publishing assets, focusing its resources on a core set of premium sites in its chosen markets.  XLMedia will seek to build stronger relationships with consumers through content-rich, engaging websites, underpinned by intelligent market-leading technology which enhances the yield from each interaction.  This rebalancing of the portfolio will be supported by organic investment, disposals and acquisitions.

· Investment in US Sports and Personal Finance

o  XLMedia has identified North America as a core target market, where it has already established a solid foothold in Personal Finance, led by content-rich websites which are gaining traction.  The Company will seek to further develop its Personal Finance presence and significantly increase its investment in the burgeoning US Sports market through partnerships and acquisitions.

· Further Investment in regulated markets

o  The Company is seeking to generate an increasing proportion of its revenue from more stable, regulated markets, both within current serviced verticals, such as gambling and personal finance and, over time, within additional target segments, where its core skills and scale can provide competitive advantage.

 

END

 

 

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