12 Jun 2012 07:00
12 June 2012
Amino Technologies plc
Period-end Trading Update
Amino Technologies plc ("Amino" or the "Company"; stock code: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, is pleased to provide the following update for the six months ended 31 May 2012.
The Board is pleased to announce that the Company continues to perform in line with its expectations and expects to deliver a small profit in the first half of the year (H1 2011: loss of £0.4m) as a result of good operational performance and continued margin improvement. The cash balance remains strong at £13.9m (31 May 2011: £11.6m), even after allowing for the share buyback and maiden dividend payment.
The Company is hosting a roundtable event today for analysts discussing the key trends likely to affect the UK digital entertainment market. The event starts at 12.00pm at the offices of finnCap, 60 New Broad Street, London, EC2M 1JJ. No new financial information will be disclosed.
The Company will announce its interim results on Tuesday 17 July 2012.
For further information please contact:
Amino Technologies: | +44 (0)1954 234100 |
Keith Todd CBE, Non Executive Chairman | www.aminocom.com |
Don McGarva, Chief Executive Officer | |
Julia Hornby, Chief Financial Officer | |
FTI Consulting: | +44 (0)20 7831 3113 |
Matt Dixon / Clare Thomas | |
finnCap Limited | +44 (0)20 7600 1658 |
Marc Young / Charlotte Stranner - Corporate Finance | |
Brian Patient / Tom Jenkins - Corporate Broking |
Ends