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DCD Media PLC (DCD)

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Monday 11 February, 2019

DCD Media PLC

Trading Update

RNS Number : 5567P
DCD Media PLC
11 February 2019
 

DCD Media Plc

 

("DCD Media", the "Company" or the "Group")

 

Trading Update

 

DCD Media, the independent TV distribution and production group, provides the following trading update for the year ended 31 December 2018.

 

The Company now expects to report revenue for the year ended 31 December 2018 of approximately £7.3 million and a c.£0.1m profit at both EBITDA and pre-tax profit level.

 

The Company also notes that, as an update on 2019 trading, the sales team have delivered a very strong start to Q1, with sales that were expected to fall into last year falling into the current year giving cause for optimism for the current financial year.

 

Financial expectations noted above are preliminary, and subject to year-end financial close and audit review processes. DCD Media intends to issue its results for the year ended 31 December 2018, on 31 May 2019 at which point a more detailed update will be provided.

 

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information please contact:

 

Lucy Pryke

Investor Relations/ Media Relations

DCD Media plc

 

Tel: +44 (0)20 3869 0190

[email protected]

 

Carl Holmes / Giles Rolls

finnCap

Tel: +44 (0)20 7220 0500


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