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DM

  • BY: Andrew Hore |
  • POSTED: 22/01/2008 |

Scratchcard games organiser and database compiler DM Group says that its 2007 profits will be ahead of expectations. 

Analysts were expecting full year profits of just over £2m.

The shares rose 1p to 15.25p. That puts them on less than eight times earnings based on the previous forecast.

DM has net cash and is in a strong position to make acquisitions.

The results will be announced in early March.

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