11 Feb 2019 07:00
DCD Media Plc
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("DCD Media", the "Company" or the "Group")
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Trading Update
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DCD Media, the independent TV distribution and production group, provides the following trading update for the year ended 31 December 2018.
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The Company now expects to report revenue for the year ended 31 December 2018 of approximately Β£7.3 million and a c.Β£0.1m profit at both EBITDA and pre-tax profit level.
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The Company also notes that, as an update on 2019 trading, the sales team have delivered a very strong start to Q1, with sales that were expected to fall into last year falling into the current year giving cause for optimism for the current financial year.
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Financial expectations noted above are preliminary, and subject to year-end financial close and audit review processes. DCD Media intends to issue its results for the year ended 31 December 2018, on 31 May 2019 at which point a more detailed update will be provided.
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The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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For further information please contact:
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Lucy Pryke
Investor Relations/ Media Relations
DCD Media plc
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Tel: +44 (0)20 3869 0190
ir@dcdmedia.co.uk
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Carl Holmes / Giles Rolls
finnCap
Tel: +44 (0)20 7220 0500
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