Delivering smarter video experiencesThis note aims to summarise the information delivered at Amino's recent Capital Markets Day ("CMD"), and to analyse the key messages. Our analysis focuses on three areas: 1) Strong execution of the 2019 transformation programme is delivering impressive results 2) 2019 acquisition 24i is driving organic software revenue growth and 3) the combined Amino/24i group has competitive advantage in End-to-end ("E2E") multiscreen TV and video delivery. Overall, in our view the Strategy Day reassures on the group's ability to achieve its goals. We re-iterate our forecasts following the event but acknowledge that uncertainty on the H2 20E outlook clearly remains.
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