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Amino Technologies Expects Interim Profit Growth, Will Hike Dividend

Thu, 04th Jun 2015 07:53

LONDON (Alliance News) - Digital entertainment technology company Amino Technologies PLC on Thursday said it expects to return to revenue growth in the first half of its financial year to the end of May and expects growth in profit and revenue in period.

Amino said it still anticipates earnings to be weighted to the second half, in line with previous years, and is confident that its results for the year to the end of November will meet market expectations.

It also confirmed plans to recommend an interim dividend of 1.265 pence per share for the first half, up from 1.15 pence a year earlier, in line with its dividend policy.

The company said it is making progress in its core Western Europe and North American markets and is seeing encouraging momentum in the Middle East and Africa.

Amino also said the integration of Booxmedia Oy, the Finnish cloud TV platform provider it acquired in May, is progressing and said it has kicked-off its sales and marketing plans for the combined offerings.

Shares in Amino were up 0.4% to 139.00 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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