One Media iP Group OMG A resurgent music industry saw its longest period of revenue growth since the 1990s so it is no surprise that One Media Group enjoyed strong growth over the year to the 31st October 2018. Revenue rose by 16%, EBITDA by 44% and operating profit by 94%. Growth was also driven by increased consumer demand and the board was enhanced by the appointment of Lord Grade.
Sumo Group plc SUMO enjoyed substantial growth in revenue and profitability in the year to 31st December with adjusted revenue rising by 35.9%. 3 major projects have been launched or published since November, the last one being due in May. A positive start has been made to the new financial year with an unusually high degree of earnings visibility. The video games market is forecast to grow around 30% in the next three years, driven by demand for new cloud-based subscription platform content supported by the world’s biggest publishers, The company believes that the outlook for the Group is as good as ever. Adjusted revenue for the year grew by 35.9%, EBITDA by 24.6% and adjusted profit before tax by 20.2%. On a reported basis the loss before taxation shrank from £28.0m to £0.5m
City Pub Group CPC made significant progress in the developing both the Group and profits during the year to the 3ist December. Revenue rose by 22%, adjusted EBITDA by 28% and profits by 60%. The total dividend was increased by 22% to 2.75p per share. Substantial progress has been made with 11 pubs opened in 2018 and putting the group on track for an estate of 65-70 pubs by mid-2021.
Gooch & Housego GHH Has seen during the six months to the 31st March 2019 a downturn in demand for critical components, particularly from China. In contrast to demand for fibre optic products used in undersea networks, which is strong. The microelectronics sector is cyclical and expected to follow the usual pattern by picking up during the second half of the year. The order book at the year end was string, standing at £93.2 million .
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