Business
AGM Statement
AGM Statement.
About this update from Mediazest Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\n31 March 2025 This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. MediaZest Plc(“MediaZest”, the “Company”, or the “Group”) AGM StatementNew business opportunities and short-term financing update MediaZest plc (AIM: MDZ), the creative audio-visual solutions provider, announces it will hold its Annual General Meeting (‘AGM’) at 11am today at Unit 9, Woking Business Park, Albert Drive, Woking, GU21 5JY. Ahead of the AGM, the Company’s Group Chief Executive, Geoff Robertson, has issued the following statement: “I am pleased to announce that Group performance in all three core sectors in which it operates: Retail, Automotive, and Corporate Offices, has been strong. All three sectors are underpinned by a strong forward order book and visibility into this financial year, as referenced in our Final Results on 7 March. “We are pleased to confirm that, in addition to the £500K revenues received since 1 January 2025 and announced in our 18 March trading update, we have subsequently signed contract extensions and new projects worth approximately £300K with key customers including Pets at Home, Hyundai, Big Group Retail and Lululemon, to be delivered in the coming 12 months. “The outlook for FY25 remains positive. The Board expects to see further improvements in the Company’s financial performance, as key customers look to expand current contracts and continue to roll out digital signage installations across multiple sites, both in the UK and overseas, for some clients on a pan European or global scale. “We have also been encouraged by ongoing conversations following the success of our ‘proof of concept’ project to install digital currency boards in Post Office branches across the UK. We believe this opportunity, if converted, would have a signficant impact on the performance of the business, and we look forward to providing our shareholders with further updates as appropriate. “It’s encouraging to see the momentum that we have achieved so far in this new financial year and we remain optimistic that...