One Media IP Group PLC - digital media content provider - At annual general meeting, says it sees solid acquisition pipeline and is optimistic for year ahead.
"2020 was a period of continued solid progress for the group in both growth and profit despite the global challenges. Central to our business is building our catalogue of music rights. Post year-end, we announced three deals that have been well covered in the national press and I am pleased to say that the group has a solid acquisition pipeline and continued deployment of monies raised in 2020 within the directors' expectation and utilising both our Harmony Ip and TCAT initiatives," says Chief Executive Officer Michael Infante. "We look forward to the remainder of the financial year with confidence."
Current stock price: 7.55 pence
Year-to-date change: up 26%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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One Media (OMIP)