Imagelinx, which puts companies' logos onto printed packaging, says operating profits will be close to market forecasts for 2011.
The news comes despite what Imagelinx describes as "difficulties disengaging" from its US business.
Costs associated with exiting the north American market were around £0.4m. Despite that, net cash balances at the end of the year were £500,000.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Imagelinx says sales in the last quarter of 2011 have lifted the prospects for this year.
The firm's shares are down 0.33% this morning but over the last 12 months the stock has dropped 64%.
BS
-
Lloyds axes foreign currency fees for Club Lloyds customersClub Lloyds customers will be able to withdraw their money abroad without incurring any extra fees
-
How to invest during stagflationTrump’s tariffs look poised to push the global economy into a period of stagflation. We look at how to ensure your investments can survive a global slowdown.
