Business
Unaudited Half-Year Results
Unaudited Half-Year Results.
About this update from Fiinu Plc
[{"type":"text","content":"\n \nRNS Number : 8990R Immedia Group PLC 27 September 2017 \n\n \n \nThe information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \nSTRICTLY EMBARGOED UNTIL 7:00 AM\n DATE: 27 SEPTEMBER 2017\nIMMEDIA GROUP PLC\n(\"Immedia\" or the \"Company\" or the \"Group\")\n \nUNAUDITED HALF-YEAR RESULTS \n \n \nImmedia (AIM:IME), a supplier of multi-media content and digital audience engagement solutions for leading brands and global businesses, announces its unaudited half-year results for the six months ended 30 June 2017. \n \nCommenting on the performance, Immedia's CEO Bruno Brookes said:\n \n\"Immedia Group now offers a broader set of products and services across a wide range of sectors. \n \nLevels of new and existing client engagement have never been higher and we look forward to updating our stakeholders when these opportunities convert to a contractual arrangement. Our key sectors for growth will be new business opportunities across the four pillars of retail, sport, education and workforce.\n \nWhilst the first half of 2017 provided a challenge as we reshaped and integrated our acquisition in AVC Media and meant that the Group made an increased loss on the same period last year, we are very well placed to move forward with our overall Group strategy and further develop our business growth. Under the new Chairmanship of Tim Hipperson and with our strengthened management team, the Board remains confident that the outlook for the Group is positive.\"\n \n\n\n\n\nKHI HIGHLIGHTS \n \n· 75% increase in revenue to £1,845,278 - including a first full six months contribution from AVC Media (HY1 2016: £1,055,464) \n· AVC Media (acquired in 2016) contributed 30% of revenue in the period\n· The take-up of SUBWAY® Radio exceeded our expectations and is now in six European territories (including the UK and Republic of Ireland)\n·  ...