MediaZest PLC - Woking, England-based audio visual services firm - Says it continues to win additional new project work at an "encouraging" rate. Notes more than GBP250,000 confirmed additional written orders have been received, and around the same amount of further orders on top of these are currently at the final stage of negotiation. Says several other projects are at an advanced stage of discussion with both new and existing clients. MediaZest expects the majority of the projects and orders to be delivered in the second half of its financial year ending September 30.
"We have seen a marked increase in new business opportunities since the beginning of the calendar year and the board is pleased with the rate at which these opportunities are being converted into orders," Chief Executive Geoff Robertson says.
Current stock price: 0.12 pence, up 38% on Tuesday
Year-to-date change: up sharply from 0.050p on December 31
By Zoe Wickens; zoewickens@alliancenews.com
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Mediazest (MDZ)