Affiliate Future today announced their interim results for the period ended 30th April 2007
Highlights:
- Turnover increased by 40% to £7,961,855 (2006: £5,701,798)
- EBITDA increased by 25% to £589,078 (2006: £473,124)
- Net assets increased by 102% to £4,080,000 (2006: £2,018,000)
- Profitable growth in IBG Media division
- Good progress in International divisions
- Conclusion of strategic review
- Early adoption of International Financial Reporting Standards ("IFRS") in the financial year ending 31 October 2007
Maziar Darvish, Chairman of IBG, commented: “IBG remains a growing, profitable business with strong prospects. The Board is resolute in its belief t...