Mediazest Share News (MDZ)

IN BRIEF: MediaZest raises GBP130,000 through loan notes to investors

MediaZest PLC - Woking, England-based audio-visual company - Raises GBP130,000 through the issue of new three-year unsecured convertible loan notes to existing investors. Also repays GBP150,000 of unsecured convertible loan notes previously issued on August 5, 2020.

LONDON MARKET CLOSE: Stocks soar, sterling suffers after shock UK CPI

(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared.

MediaZest trading positively in second half

(Sharecast News) - Audio-visual specialist MediaZest reported positive trading in an update on Wednesday.

MediaZest expects improved second half trading from new business wins

(Alliance News) - MediaZest PLC on Wednesday said trading in the second half of its financial year has been "promising", with "significant" new business wins with both new and existing clients.

AIM WINNERS & LOSERS: MediaZest encouraged; CEO out at Watkin Jones

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

TRADING UPDATES: BWP confident in Bridgewater; MediaZest in loss swing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: MediaZest swings to annual profit as revenue grows

MediaZest PLC - Surrey-based audiovisual services firm - Swings to annual profit in financial year ended September 30. Pretax profit of financial 2022 is GBP12,000 compared to a loss of GBP140,000 a year prior. Revenue climbs 26% to GBP2.8 million from GBP2.2 million. "Client demand in all three key sectors in which the company operates - retail, automotive and corporate office spaces - continued to be encouraging with new project briefs and new client pitches seen consistently throughout the year," MediaZest says. Cost of sales increases mildly in comparison to revenue, by 12% to GBP1.3 million from GBP1.2 million. Looking ahead, company aims to build on the recent progress and to generate organic growth, and evaluate potential acquisition targets "to supplement that growth where suitable," Chair Lance O'Neill says.

IN BRIEF: MediaZest incorporates wholly-owned European subsidiary

MediaZest PLC - Surrey-based audiovisual services firm - Completes the incorporation of a new, wholly owned, European subsidiary based in the Netherlands. Says the subsidiary will help the company to deliver services more efficiently to its EU based clients, building on recently completed projects. These include audio-visual work for the new Lululemon flagship on the Champs Elysees in Paris which opened in December, and since the start of 2023 projects in the region have already included overseas work in Slovakia, it adds.

MediaZest incorporates new EU subsidiary

(Sharecast News) - Audio-visual specialist MediaZest announced the incorporation of a new wholly-owned European Union subsidiary on Monday, based in the Netherlands.

MediaZest performs 'well' in second half

(Sharecast News) - Audio-visual specialist MediaZest said in a trading update on Thursday that its operations performed "well" in its second half, and that it expected results for the year just ended would show a "significant" year-on-year improvement.

IN BRIEF: MediaZest shares rise on interim swing to profit

MediaZest PLC - Surrey-based audiovisual services firm - Swings to a profit in the half-year ended March 31. Pretax profit stands at GBP40,000 versus a loss of GBP160,000 a year ago. Revenue grows to GBP1.4 million from GBP846,000. Firm will establish an office in a mainland European country that is in the EU "to better facilitate project delivery and logistics following Brexit and to capitalise on these new opportunities," Chair Lance O’Neill explains.

IN BRIEF: MediaZest to report profit in first half

MediaZest PLC - Woking, England-based audiovisual services firm - Says trading in the six months to March 31 began well with "significant" improvement from the prior year. Achieved profit during the period at earnings before interest, tax, depreciation and amortisation level and profit after tax. Trading remains positive since the period across the key sectors such as retail, automotive and corporate.

MediaZest remains profitable in first half

(Sharecast News) - Audio-visual solutions company MediaZest said in an update on Monday that it was profitable on both an EBITDA and profit after tax level in the half-year just ended.

UK shareholder meetings calendar - next 7 days