bullish
CLIQ Digital - Set to reach strong growth targets in FY21
SUMMARY
CLIQ Digital’s (CLIQ) H121 results highlight that the group’s direct media buying strategy is continuing to drive growth. H121 EBITDA, at €11.6m, was up 83% on the prior year. Management expects performance to continue to build strongly in H2 and has reaffirmed guidance for FY21 revenues of at least €140m and EBITDA of c €22m. Its Hype ventures minority acquisition in the period had an immediate impact on EPS, which should lead to a considerable rise in full year dividend given the group’s targeted 40% payout policy.
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- CLIQ Digital - Set to reach strong growth targets in FY2112 Aug 2021
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