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UBC Media

  • BY: Andrew Hore |
  • POSTED: 24/06/2011 |

Multimedia content and software provider UBC Media has appointed Jenny Donald as its interim finance director three and a half years after she left the role to sail around the world.

She was finance director between November 2000 and December 2007.

UBC reported a fall in revenues from £4.94m to £4.46m in the year to March 2011, although the software and interactive division increased its revenues. Operating profit increased from £536,000 to £903,000 but the gains on discontinued activities rose from £758,000 to £797,000.

In January, UBC spent £454,000 on buying back shares at 2.75p each. UBS had net cash of £4.28m at the end of March 2011, while the dividend for the year was edged up from 0.256p a share to 0.263p a share.

At 2.5p a share, UBC is valued at £4.47m.

UBC supplies 12% of BBC Radio’s outsourced programming.

Download the June 2011 edition of AIM Journal at http://www.hubinvest.com/AIMPDFJune2011_21.pdf

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