Hi there
Welcome to our latest edition of the quarterly investor newsletter from ZOO Digital, featuring trade announcements, ZOO news and relevant industry developments.
Interim results demonstrate strong momentum
Our interim results for the six months to September 2020, released on 10th November, demonstrated strong top line growth of 15% in a market that has been adversely affected by the pandemic, underlining the resilience and attractiveness of ZOO’s end-to-end technology-enabled services as we continue to invest in the future growth of the business. The investor presentation is available for viewing online. The strong growth, record order book and confidence expressed in the statement has led to analysts at Stifel and Progressive upgrading their forecasts for the years to March 2021 and 2022.
Capital Markets Day showcases ZOO’s technology advantage
In September, we delivered a Capital Markets Event titled ‘Dubbing Evolved’ in which we outlined ZOO’s mid-term plans to deliver sales of $100m. The event featured insights from colleagues across ZOO on the expanding addressable market and the strategy being implemented by our outstanding team. Again, the presentation is available for viewing, or to find out more about ZOO’s unique dubbing service watch a short video on The Future of Media Localization.
ZOO well positioned, demonstrating progress towards $100m sales target
During lockdown, many customers have turned to ZOO to work on dubbing projects when other service providers were unable to operate. The pandemic has accelerated a digital transformation in a sector where ZOO is an innovator and agent for change, giving it a leading technology advantage. ZOO is ideally placed to benefit from this structural shift. With a strong pipeline and continued momentum, ZOO’s Board remains confident in the business' ability to achieve the increased market consensus for the full year and progress towards our ambitious $100m sales target.
