ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

XLM Xlmedia Plc

12.25
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xlmedia Plc LSE:XLM London Ordinary Share JE00BH6XDL31 ORD USD0.000001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.25 12.00 12.50 12.25 12.25 12.25 122,992 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising, Nec 73.74M -9.44M -0.0359 -3.41 32.17M

XLMedia PLC Trading Update (9994J)

04/07/2017 7:00am

UK Regulatory


Xlmedia (LSE:XLM)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Xlmedia Charts.

TIDMXLM

RNS Number : 9994J

XLMedia PLC

04 July 2017

 
For immediate release  4 July 2017 
 

XLMedia PLC

("XLMedia" or "the Group" or "the Company")

Trading update

Strong H1 growth delivered with trading ahead of expectations

XLMedia (AIM: XLM), a leading provider of performance marketing, is pleased to announce the following trading update for the six months ended 30 June 2017, with the Group trading ahead of managements' expectations for the period.

The Group has continued to execute on its strategy of diversifying its revenue streams and has delivered strong organic growth across all business verticals within the Group.

The Board was pleased to announce two acquisitions during the period, the first being Clicksmob, a mobile performance marketing platform, and the second, Greedyrates.ca, one of Canada's leading credit card comparison websites. Integration of both acquisitions is progressing according to plan with both acquisitions performing well and in line with management expectations. In addition, the recently announced acquisition of Securethoughts.com, a US cyber security comparison website, will add further diversification and US presence to the Group.

Currently the Group derives 57% of its revenues from gambling, down from 70% in the first half last year, with the remaining 43% coming from non-gambling verticals including gaming, mobile applications, software, utilities, e-commerce and finance. The Board believes this is yet further evidence of the Group successfully delivering on its strategy to continue to diversify revenue sources and accordingly the Board remains extremely confident in the performance of the business.

The Company expects to announce half year results for the six months ended 30 June 2017 during September 2017.

For further information, please contact:

 
 XLMedia plc Ory Weihs www.xlmedia.com   Tel: 020 8817 5283 
 Vigo Communications Jeremy Garcia       Tel: 020 7830 9703 
  / Fiona Henson / Natalie Jones 
  www.vigocomms.com 
 Cenkos Securities plc (Nomad            Tel: 020 7397 8900 
  and Joint Broker) Ivonne Cantu 
  / Camilla Hume www.cenkos.com 
 Berenberg (Joint Broker) Chris          Tel: 020 3207 7800 
  Bowman / Mark Whitmore / Amritha 
  Murali www.berenberg.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTKXLFBDDFXBBL

(END) Dow Jones Newswires

July 04, 2017 02:00 ET (06:00 GMT)

1 Year Xlmedia Chart

1 Year Xlmedia Chart

1 Month Xlmedia Chart

1 Month Xlmedia Chart

Your Recent History

Delayed Upgrade Clock