Source - SMW
TLA Worldwide has deepened its H1 pretax loss to $4.0m, from a year-ago loss of $1.4m. Proposed interim dividend was 0.23p a share, from 0.2p.

It said its outlook for H2 and beyond was positive, underpinned by a strong events pipeline and long-term baseball contracts.

Revenue was $21.8m, from $21.2m.

"Looking ahead, the momentum achieved in the first half has continued into the second half and we expect revenue growth in both the Sports Marketing and Baseball Representation segments," said executive chair Bart Campbell. 

"With a maturing MLB client roster and record numbers moving into arbitration eligibility as well as organisation of four events in the second half of the year, the Board looks ahead with confidence for the future and declares a second interim dividend of 0.23 pence per share - an increase of 15% on prior year."