Amino upbeat on H1 results
June 6, 2013
Amino Technologies, the Cambridge-based specilaist in digital entertainment solutions has provided an update for the six months ended May 31st 2013.
The Company says it continues to perform in line with expectations and expects to deliver a profit in the first half of the year which is significantly ahead of the previous year (H1 2012: £0.2m). This results from the phasing and mix of H1 trading compared to the prior year and continued strong margins, together with the added benefit of previously announced duties rebates of £1.7 million (€2m). Revenue remains in line with the prior year and the cash balance remains strong at £18.2 million (31 May 2012: £13.9m) even after allowing for the progressive dividend payment policy.
Amino will announce its interim results on July 15th.