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Media

Zinc Media shares up 7% after TV production company issues upbeat assessment of prospects

Shares in Zinc Media (AIM:ZIN) PLC, the maker of TV programmes such as Wild Tales from the Farm and Buried Secrets of World War II, jumped 7% in early trade after the production company said it had started 2023 in its strongest position for five years.

For the year just gone, the group’s top and bottom line performance has been ahead of expectations.

At 8.50 am, the shares were changing hands for 89.55p, up 6.95p.

Broker Shore Capital said: “We are pleased to note the sustained progress and strong momentum highlighted above - all of which is consistent with our view that Zinc is well placed to capitalise on the attractive opportunity available to UK-based TV production companies from a variety of content-hungry end customers."

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