Notice of Results

RNS Number : 8871Y
XLMedia PLC
14 September 2020
 

14 September 2020

 

 

XLMedia PLC

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

 

Notice of Results

 

XLMedia (AIM: XLM), a leading global digital performance publisher , will announce its financial results for the six months ended 30 June 2020 on Tuesday, 29 September 2020.

 

 

For further information, please contact:

 

XLMedia plc

Stuart Simms, Chief Executive Officer

Iain Balchin, Chief Financial Officer

Kieran McKinney, Investor Relations

www.xlmedia.com

 

ir@xlmedia.com

 

Vigo Communications

Jeremy Garcia

www.vigocomms.com

 

Tel: 020 7390 0233

Cenkos Securities plc (Nomad and Joint Broker)

Giles Balleny / Max Gould

www.cenkos.com

 

Tel: 020 7397 8900

Berenberg (Joint Broker)

Chris Bowman / Mark Whitmore / Simon Cardron

www.berenberg.com

Tel: 020 3207 7800

 

 

 

Notes:

XLMedia is a leading global digital performance publisher. Operating globally across a variety of verticals including online gambling, personal finance, sports and technology, the Group uses proprietary tools and methodologies to identify and target high value clients for platform operators.

XLMedia has a clear transformation strategy, which will enable it to shape the future of the performance publishing industry.  As previously communicated, the Company has set three Strategic Goals:

· Consolidation of publishing assets

The Company will consolidate its range of publishing assets, focusing its resources on a core set of premium sites in its chosen markets.  XLMedia will seek to build stronger relationships with consumers through content-rich, engaging websites, underpinned by intelligent market-leading technology which enhances the yield from each interaction.  This rebalancing of the portfolio will be supported by organic investment, disposals and acquisitions.

· Investment in US Sports and Personal Finance

XLMedia has identified North America as a core target market, where it has already established a solid foothold in Personal Finance, led by content-rich websites which are gaining traction.  The Company will seek to further develop its Personal Finance presence and significantly increase its investment in the burgeoning US Sports market through partnerships and acquisitions.

· Further Investment in regulated markets

The Company is seeking to generate an increasing proportion of its revenue from more stable, regulated markets, both within current serviced verticals, such as gambling and personal finance and, over time, within additional target segments, where its core skills and scale can provide competitive advantage.

 

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