Results
Intandem
Films PLC - Interim
Results
Highlights:
- Significant reduction in pre-tax loss of 71% to £179,000 (2009:
£618,000);
- Profit
of £254,000 on sale of 10% stake in Los
Angeles publisher, Radical Publishing
Inc;
- Book
profit of approximately £4million and elimination of £6million loan post the
period end on disposal of ownership rights in five
films;
- Appointment to manage an additional thirteen new titles by US financial
institution;
- Four
films in post-production to be aired at the Cannes Film
Festival;
- Appointment as co-producer on "The Veteran" and "Ghost of
Slaughterford", both of which are expected to start production in June
2010;
- Strong
slate of films in pipeline.
Trinity
Mirror PLC - Final
Results
Highlights:
- Group
revenue(1) of
£763.3 million (2008: £871.7 million)
- Digital
revenue of £35.6 million (2008: £43.6 million)
- Operating profit(1)
(2) of £105.4 million (2008:
£145.2 million)
- Improvement in advertising revenue trends as the year progressed and
this is expected to continue into 2010
- Total
costs(1)
(2) reduced by £67.9 million
from £726.3 million to £658.4 million including £40 million of structural cost
savings, £5 million ahead of our target
- Targeted reduction in the 2010 cost base of at least £20
million
- Earnings per share(1)
(2) of 20.0 pence (2008: 33.4
pence)
- Strong
cash generation despite challenging trading environment with operating cash
inflow of £97.6 million (2008: £102.3 million)
- Net
debt(3) falls
by £60.2 million from £384.2 million to £324.0 million
- Acquisition of GMG Regional Media to be completed on 28 March 2010 for a
cash consideration of £7.4 million
Metrodome
Group PLC - Preliminary
Results
Highlights:
·
Company returns to profit despite
challenging trading conditions at the start of the year
·
Revenues of £9,091,000
(2008: £6,587,000), up 38% on the previous year
·
Organic growth across all
revenue streams
·
Headline* operating profit
of £245,000 (2008: loss of £99,000)
·
Profit before tax of
£199,000 (2008: loss of £543,000)
·
£960,000 share capital raised
during the year |
Newspaper Investment Highlights:
Times – Need To Know
ITV: The commercial broadcaster reported full-year pre-tax profits of £25
million, compared with a loss of £2.73 billion a year ago, when it was hit by a
writedown of the value of its broadcasting assets. It added that it was
expecting advertising revenues to recover during the first quarter, rising by as
much as 7 per cent. It also announced a start date for Adam Crozier, its new
chief executive, who will join on April 26.
Telegraph – Questor
ITV - Avoid |