DCD Media Expects Revenue Drop But Starts New Year Positively

LONDON (Alliance News) - DCD Media PLC said Monday that it expects its annual revenue to fall on ...

Alliance News 11 February, 2019 | 11:02AM
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LONDON (Alliance News) - DCD Media PLC said Monday that it expects its annual revenue to fall on the prior year but added that the first quarter of 2019 started very strongly.

For 2018, the TV distribution and production group expects revenue of GBP7.3 million and pretax profit of GBP100,000.

A year ago, the firm posted revenue of GBP10.2 million and pretax profit of GBP519,000.

The company added that its sales team has delivered a "very strong start" to the first quarter of 2019, with sales that were expected to fall into last year falling into the current year giving cause for optimism for the current financial year.

DCD Media will publish its annual results on May 31.

DCD Media shares were untraded at 350.00 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
DCD Media PLC 275.00 GBX -5.17 -
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