DCD Media (DCD)

Sector:

Media

 185.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 250.00
  • 52 Week Low: 137.50
  • Currency: UK Pounds
  • Shares Issued: 2.54m
  • Volume: 0
  • Market Cap: £4.70m
  • RiskGrade: 181

DCD Media operating losses widen amid Covid-19

By Iain Gilbert

Date: Friday 04 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Independent TV distribution and production group DCD Media said on Friday that operating losses had widened in the 15 months ended 31 March as a result of impacts stemming from the Covid-19 pandemic.
DCD Media posted an operating loss of £150,000 for the period, compared to a £70,000 loss in the previous year, despite having seen revenues climb to £10.9m from £7.0m.

The group did report adjusted underlying earnings of £400,000, an improvement on the underlying loss of £30,000 posted in the prior year.

While the AIM-listed group highlighted that it had successfully maintained relationships with a number of independent producers and locked in commitments on live productions, the firm also wanted that if the effects of the coronavirus outbreak worsened in the short-term, it would then have "a serious impact" on the business in the coming financial year.

Chairman David Craven said: "We can say that various sales negotiations for 2020 look promising, but obtaining commitment remains an ongoing challenge for the sales team.

"In spite of extraordinarily challenging market conditions brought about by the global pandemic, the directors believe the resilience of the experienced team in DCD rights, together with a continued investment into new programming gives us a sense of optimism as we continue to forge ahead in the global TV markets."

As of 1105 BST, DCD shares were down 9.09% at 200.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DCD Media Market Data

Currency UK Pounds
Share Price 185.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 250.00
52 Week Low 137.50
Volume 0
Shares Issued 2.54m
Market Cap £4.70m
RiskGrade 181

DCD Media Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.14% above the market average21.14% above the market average21.14% above the market average21.14% above the market average21.14% above the market average
65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average
Price Trend
34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average
25.42% below the sector average25.42% below the sector average25.42% below the sector average25.42% below the sector average25.42% below the sector average
Income Not Available
Growth
40.35% above the market average40.35% above the market average40.35% above the market average40.35% above the market average40.35% above the market average
59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average

DCD Media Dividends

No dividends found

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