Business
Update
Update.
About this update from Fiinu Plc
[{"type":"text","content":"\n Immedia Broadcasting plc\n17 April 2007\n\n 17 April 2007\n\n IMMEDIA BROADCASTING PLC\n\n\n\n 'Immedia' or 'the Company'\n\n\n\n Update\n\n\n\nImmedia Broadcasting Plc, the UK's leading provider of live tailored radio and\nvideo for retail, today announces the following update:\n\n\n\nDespite the particularly challenging retail market, we believe retailers\ncontinue to be attracted by in-store media as a premium tool to build\nrelationships with both customers and staff and in this context, Immedia has\ncontinued to progress during the year. Costs have been managed carefully, and\nincreased revenues from the subscription model have ensured that the Company\ntraded broadly in-line with market expectations for the year ending 31 December\n2006.\n\n\n\nSince the year end, Immedia has lost two contracts, one of which expired.\nDuring 2006, these accounted for 12.5% of group turnover. However, the Company\nhas a healthy pipeline of new opportunities with a number of potential new\nclients.\n\n\n\nWe expect to announce our Preliminary Results for the year ending 31 December\n2006 during May 2007.\n\n\n\n\n\nFor further information please contact:\n\n\nImmedia Broadcasting Plc\nBruno Brookes - Chief Executive 01635 572 800\n\nHudson Sandler\nNick Lyon / Sandrine Gallien / Amy Faulconbridge 020 7796 4133\n\nDaniel Stewart & Company Plc\nPaul Shackleton / Stewart Dick 020 7776 6550\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1807,"tagName":"div"}]