Fund manager Analyst Investment Management swung sharply into the red in the half-year to 31st May 2010 as the termination of a key investment management agreement dealt a sharp blow to its performance.
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Trading and port logistics business ESV Group has released yet another dire set of full-year results. During the year to 31st March 2010 the Ukraine-focussed business saw revenues plummet by 50% to £0.32 million on the back of a 30% fall in exports from the country – a move which had a harsh impact on volumes passing through its Kherson sea port.
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Contract catering business Bright Futures made an underlying operating loss of £75,000 in the year to 31st March 2010, down from a loss of £208,000 in the previous year.
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For the six months to 31st May 2010 the children’s literature artwork investor Storyboard Assets has posted a £42,842 loss. This was down on the £50,080 loss posted in the first half of the previous year mainly due to the company booking in £8,400 of lease income.
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Business to business music and video rights provider One Media Publishing Group joined Plus in September 2006. Since listing the group has successfully expanded its rights’ library through a steady stream of catalogue acquisitions.
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Soaring interest payments on its liabilities reversed the benefit of revenue growth across all of National Milk Records’ divisions and resulted in the group reporting a 53% fall in full-year earnings per share to 1.6p.
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Investment vehicle BWA Group has made its third investment since joining the market in March 2010.
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In full-year results to 31st March 2010 the web hosting services specialist Daily Internet reported strong sales growth across its operations, which to narrow underlying losses by 24.6% to £0.38 million.
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The music and video rights acquirer One Media Publishing has added another catalogue of songs to its portfolio.
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Flat sales of £23.1 million, coupled with a 134% increase in interest payments to £0.28 million, has resulted in brewer Adnams releasing a disappointing set of interim results.
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