Published on: July 14, 2020
Reinstating estimates
ZOO has delivered FY20 materially in line with the May update, and appears to have started FY21 on a strong footing. A number of industry dynamics (some COVID-19 related, and some not) are moving in the right direction for ZOO, and the group is beginning to see traction with its dubbing offering. Given the improved market visibility, we take management’s cue and are pleased to reinstate forecasts, for both FY21 and FY22.
