LONDON (Thomson Financial) - Immedia Broadcasting Plc. reported a wider full
year pretax loss, saying it was hit by an impairment charge of 1.05 million
pounds on intangible assets related to the acquisition of in-store TV specialist
the Cube Group.
For the year ended Dec. 31, it said pretax loss widened to 1.35 million
pounds from 359,650 pounds last year, while revenue fell to 3.9 million pounds
from 4.47 million.
The company said current trading is in line with its expectations, adding it
has renewed its contract with HSBC for another two years.
TFN.newsdesk@thomson.com
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