Zoo Digital reiterates forecasts

AIM-listed localisation software developer Zoo Digital (LON:ZOO) has seen its share price climb by 2.74% to 77.06p (as of 14:05 BST) after saying that results for the year ended 31st March were in line with previous guidance. Management said that demand had bounced back in recent weeks after seeing some softening as clients adjusted spending plans due to COVID.

CEO Stuart Green commented: “Our proprietary cloud-based solutions have been designed from the outset to enhance the efficiency of collaboration as the film and TV entertainment industry has become increasingly globalised. The current environment has encouraged industry change and the investments made in prior periods to scale our business mean we are well placed to meet our customers’ needs“.