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Independent Media well ahead of last year
Wed, 08 Feb, 2012
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Independent Media well ahead of last year
Thu, 20 May 2010, 12:48:00
Shares in <b>Independent Media Distribution </b>hit a new 52-week high after the TV and radio advertising company said profits this year have been significantly ahead of expectations. The company said that total revenue in the first four months of 2010 was 30% higher than in the corresponding period of 2009, with international sales twice what they were a year earlier. Normalised profit before tax is up 50% on 2009 levels. "We are experiencing vibrant increasing sales both domestically and internationally. In our domestic UK market a number of our new services have done especially well and our International Operations are growing very rapidly. We are especially pleased with progress in France, our most recent overseas launch," said company chairman David Haynes.
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