Zoo Digital, which provides subtitles for Hollywood film studios, said growth has continued in its second half and it now expects to report full year revenue of at least £20m, up from £12m in 2017.
The Sheffield-based group said it has steadily increased the number of quality voice actors and dubbing professionals to meet demand.
The firm said its growing reputation in the market is helping it engage with these professionals, enabling services to be fulfilled across a growing number of languages.
Zoo expects to report adjusted earnings of at least £1.7m in the year to March 31, up from £1.3m the year before.
The group said it was also encouraged by the level of industry feedback and acclaim that ZOOdubs and the associated dubbing service achieved at the NAB show in Las Vegas, held earlier this month. It said the level of interaction with senior individuals from major players within the industry and the resulting enquiries underlines the confidence that the board has in the group’s long-term opportunity, particularly in respect of its localisation services.
Stuart Green, chief executive of Zoo, said: “We are pleased to confirm guidance for the full year results. We continue to see momentum in the business, driven by our localisation services, and remain optimistic for the future.”
