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Period-end Trading Update

12 Jun 2012 07:00

RNS Number : 1345F
Amino Technologies PLC
12 June 2012
 



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

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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