MediaZest PLC - Woking, England-based audio visual services firm - In the second half of the financial year ended September 30, trading has improved with increased demand for new projects in conjunction with the lifting of Covid-related restrictions.
In the current financial year to date, MediaZest's operating subsidiary MediaZest International Ltd continues to see strong demand in the retail, automotive and corporate office sectors.
Looking ahead, MediaZest said the improved financial performance and the relationship with long-term clients have provided a platform for the group to grow both organically and through acquisitions.
In particular, the company has started talks with several potential acquisition targets, which are in the same market as MediaZest International.
MediaZest will post its annual results once the year-end audit has been completed.
Current stock price: 0.10 pence, up 14% on Tuesday
Year-to-date change: up 100%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Mediazest (MDZ)