Photo-Me International Plc - Interim announcement; Underlying Interim Profit up by 22%, H1/H2 Imbalance Reducing.

0 Comments | M2 Presswire, December, 2004

M2 PRESSWIRE-13 December 2004-PHOTO-ME INTERNATIONAL: Photo-Me International Plc - Interim announcement; Underlying Interim Profit up by 22, H1/H2 Imbalance Reducing(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:12132004 Photo-Me International ("PMI"), the digital imaging company focused on professional laboratories and end-consumer vending solutions, announces further progress following the GBP24.5m turnaround in pre-tax profits (from a loss of GBP3.4m to a profit of GBP21.1m) achieved in the year ended 30 April 2004.

Underlying pre-tax profit for the half year ended 31 October 2004 is up by 22.0 to GBP18.0m. As a consequence of the growing Manufacturing activities, the traditionally weaker second half is budgeted to be much stronger than in past years, so...