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Amino Technologies Expects FY Profit Ii Line With Board's View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Amino Technologeis Plc (AMO.L) Tuesday released the trading update for the year ended 30 November 2012, stating that the company expects to deliver a profit for the year in line with market expectations as a result of the Board's ongoing focus on operational performance and continued success in delivering gross margin improvements.

The Cambridge-based leader in digital entertainment solutions for IPTV, OTT ans in-home multimedia distribution further stated that total Revenues for the year are expected to be approximately 41 million pounds as management continued to focus on executing only high margin, cash generative business.

The Company further stated that the Board is pleased to be recommending a full year dividend of 3p for the year ended 30 November 2012, a 50 per cent increase year on year, with an expectation to provide both an interim and full year dividend moving forward.

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