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
-
FTSE 100 hits record highs – why is it rising and will we see more gains?Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
-
How to invest in copperIt may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
