This Announcement contains inside information for the purposes of Article 7 of
("ZOO", the "Group" or the "Company")
Full year trading update
Upgrade to FY22 revenue and EBITDA; positioned for strong, sustainable organic growth
Following the announcement on
The Company intends to provide a further update on its outlook for the FY23 financial year with its full year results on
"It has been an outstanding year for ZOO with growth materially above expectations, with our last quarter being a record period. We continue to benefit from streaming launches in new territories around the world, while also increasing market share through new service offerings and seeing strong demand from customers across all of ZOO's operating segments. The board has invested heavily in capacity to support further growth and the Group has expanded its international footprint in regions that are strategically aligned with our major customers. With a strong pipeline of projects in place, we are confident of delivering further sustainable growth in the year ahead."
For further information:
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+44 (0)114 241 3700 |
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Stifel |
+44 (0)20 7710 7600 |
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+44 (0)20 7457 2020 |
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About
Founded in 2001,
The Group provides media services through its platforms that include: ZOOsubs, ZOOdubs, ZOOstudio. Its full-service proposition delivers the end-to-end services required to prepare both original and catalogue content for digital distribution; these services include dubbing, subtitling & captioning, metadata creation & localisation, artwork localisation and media processing. Alongside this offering, ZOO also provides its customers with management platforms and strategic solutions to support their own internal globalisation operations.
ZOO is a go-to service partner for media businesses looking to globalise their content across different territories, languages and distribution platforms. Using its innovative technology-enabled approach, ZOO helps its customers to reduce time to market, lower costs and deliver high quality products to their global audiences. The business has frameworks in place with all major
ZOO's competitive advantage arises from three interlinking factors - the leading role it has played in the digital transformation of its sector; the world class proprietary platforms that it develops to enable this transformation; and the global supply chain of thousands of freelancers, working collaboratively in ZOO's platforms, which delivers services that scale easily to meet demand. These factors combine to make ZOO uniquely geared to capitalise on new market opportunities in a fast-paced and constantly evolving industry.