Business
Second Interim Results
Second Interim Results.
About this update from Ebiquity Plc
[{"type":"text","content":"\n Thomson Intermedia PLC\n30 April 2007\n\n30 April 2007\n\n\n\nThomson Intermedia plc\n\n\nCore business gaining momentum with revenues up 22%\n\n\nThomson Intermedia plc ('Thomson Intermedia' or the 'Group', AIM: THN), a\nleading provider of media intelligence, today announces its second interim\nresults for the six months ended 31 January 2007.\n\n\nHighlights\n\n\n• Core business revenue increased by 22% to £7.7m (2006: £6.3m)\n\n• International revenue up 50% to £1.7m (2006: £1.1m)\n\n• Development revenue lower, in line with expectations\n\n• Core underlying operating profit* up 75% to £1.4m (2006: £0.8m)\n\n• Group underlying profit before tax* was £1.1m (2006: £1.7m)\n\n• Sales pipeline remains strong - several projects expected to close this\n calendar year\n\n• Group is on track to meet the Board's expectations for 15 months to 30 April\n 2007\n\n\n* before Highlighted Items\n\n\n\nSarah Jane Thomson, Joint Chief Executive Officer of Thomson Intermedia plc,\nsaid:\n\n\n'Our Core business continued to perform strongly particularly as the benefits of\nthe enlarged integrated group begin to materialise. We are confident that this\npart of business will continue to strengthen as our new combined offering gains\nmomentum and we strengthen our routes to market.\n\n\n'The Group is still working on a significant pipeline of projects and remains\nconfident that a high proportion will be closed during the current calendar year\nand should therefore benefit the next financial year.'\n\n\nEnquiries:\n\n\nThomson Intermedia\nSarah Jane Thomson, Joint Chief Executive Today 020 7457 2020\nMichael Uzielli, Finance Director Thereafter 020 7321 4000\n\nBridgewell\nShaun Dobson/Fred Ward 020 7003 3000\n\nCollege Hill\nAdrian Duffield/Ben Way 020 7457 2815/2055\n\n\n\n\nOverview\n\n\nThomson Intermedia had a good underlying performance during the second six\nmonths of the financial year. On a headline basis, revenue from the Core\nbusiness increased 22% to £7.7m and the pipeline of development projects remains\nstrong. The Group is on track to deliver against the revised expectations\nissued in the trading update in January 2007.\n\nThe Board remains confident about the Group's opportunities and prospects as it\nstarts to realise the benefits of having two integrated and complementary\nbusinesses, combining the UK'...