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Immedia Outlook "Encouraging" As It Explores Collaboration Options

Wed, 26th Jun 2019 14:45

(Alliance News) - Immedia Group PLC on Wednesday said it is "encouraged" by the progress made in the year-to-date and intends to build on its recent contract win with an unnamed blue-chip company.

Following its annual general meeting, held earlier on Wednesday, the marketing firm said it was "encouraging" to see the considerable progress made in terms of improved client engagement across its portfolio, coupled with the successful conversion of a number of opportunities within its pipeline.

Immedia said it continues to benefit from the revised operational structure and increased geographical reach, and expects this trend to continue over the current financial period.

Back in May, the company secured a major audio-video contract with an undisclosed "blue-chip integrated energy company" with headquarters in Aberdeen. Immedia said it anticipates this partnership will deliver further projects over the coming months.

In addition, the company said it is working on a number of new business deliverables with some potential clients, specifically for the development of Omni-channel and content development.

"Immedia has a unique mix of brand engagement and creative skills," said Chair Tim Hipperson.

He added: "We continue to produce audio and visual content of the highest class for all our clients in particular those across retail, energy and sports."

Immedia shares were untraded on Wednesday in London, last closing at 21.80 pence each.

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