Manufacturing Industry

AVID HOLDINGS PLC - Half-yearly Report.

PR Newswire UK Disclose, August, 2007

 
                               AVID HOLDINGS PLC 
 
                           ("Avid" or the "Company") 
 
              INTERIM STATEMENT FOR THE PERIOD ENDED 30 JUNE 2007 
 
Business Highlights in the Period 
 
  * Acquisition of Electro-Mec completed 
 
  * Turnover increased from A[pounds sterling]68,404 (previous six months) to A[pounds sterling]679,356 in this 
    period 
 
  * Gross profit increased from A[pounds sterling]39,048 (previous six months) to A[pounds sterling]228,951 in 
    this period 
 
  * The loss before taxation amounted to A[pounds sterling]370,937 in line with predictions. 
 
  * UK Patent granted for heat sealed products 
 
  * Trials of Pill protect successfully completed for a major client 
 
  * Electro-Mec's NG feeder launched 4 months early,...

            
        
    
    	    
                
                
	
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