Imagelinx picks up the pieces after US exit
Imagelinx, which puts companies' logos onto printed packaging, says operating profits will be close to market forecasts for 2011.
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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Carers retire with an average pension of just £6,750
A growing pensions gap shows carers retire with significantly less private pension income than the national average
-
8 of the best properties for sale with award-winning gardens
The best properties for sale with award-winning gardens – from a Victorian Gothic rectory in Hampshire, to a Georgian house in Kent with gardens designed by multiple Royal Chelsea Flower Show gold medallist Roger Platts