News blog
Zoo Digital
- BY: Andrew Hore |
- POSTED: 13/04/2011 |
Zoo Digital says that its profit for the year to March 2011 is in line with expectations even though revenues declined in the period.
A change in sales mix improved margins and means that operating profit is around $1.3m on revenues of $14m. Some outsourced services are now directly billed to the customer by the supplier but the work is building up again.
A major customer’s reorganisation also slowed down orders during the period.
The DVD market remains the core customer base but Zoo is working with new customers in different markets.
Sheffield-based Zoo has developed software that speeds up the production and translation of DVDs and their packaging. It can also be used to design posters and point of sale materials.
There was $600,000 in the bank at the end of March 2011.
At 43p a share, down 8p, Zoo is valued at £10.3m.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|