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One Media iP boss hails ‘careful acquisition programme’ after robust results

The chairman and chief executive of One Media iP (LON:OMIP) Michael Infante says the company is now focused on making larger acquisitions.

The company has been making a string of small deals but the plan now is to use its AIM listing as a way of splashing out on a ‘much larger, significant acquisition’. The group’s final results showed revenues rose 9.5% last year to £2.9mln, while pre-tax profits almost doubled to £642,000.

Quick facts: One Media IP Group

Price: 7.125 GBX

AIM:OMIP
Market: AIM
Market Cap: £9.66 m
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One Media IP declares interim dividend and targets 'steady recurring revenue...

Michael Infante, CEO of the digital music rights acquirer, publisher and distributor, One Media IP (LON:OMIP) tells Proactive London's Andrew Scott the fact they've declared a dividend for the first half of 2020 is an illustration of their confidence in the year ahead. ''We believe we have a...

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