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Vision Media Group International | News

29 September 2006 Interim Results

ScreenFX plc (AIM:SFX), the leader in digital screen media, announces its Interim Results for the six months ended 30 June 2006.


Highlights

  • Established leading screen network with 20 premier UK shopping malls (2005: 10 malls)
  • Successful initial period for TrainFX service in Central Trains, Birmingham
  • Secured valuable contract for expansion of commuter trains network
  • Launch of HealthFX division to establish digital networks in health channel
  • Media revenues now building


Results Summary

  • Turnover for the half year almost double the previous full year at £1.02 million (2005: £118,000)
  • Operating losses increase to £2.41 million (2005: £1.6 million)
  • Cash in hand of £764,000 at 30 June 2006 (2005: £1.3 million)

Commenting on the results, Dave Clark, Chief Executive, said:

"ScreenFX continues to make strong progress and has now established itself as a leading player in the digital out-of-home market place. Through MallFX we have built the premium digital screen network in 25 of the UK's 'super malls', whilst our TrainFX and HealthFX divisions have also established a foothold in two strategically important channels and we believe these opportunities can add significant incremental revenue streams to the Group in the medium term.

"The media industry now expects that the digital outdoor sector will see significant growth in the coming years and we are confident that the ScreenFX business is well placed to capitalise in this marketplace."

The full results are available to download in PDF.

 

For further information:

ScreenFX plc  
David Clark, Chief Executive Tel: +44 (0) 161 428 5544
info@screenfx.com www.screenfxplc.com

Media enquiries:

Abchurch  
Henry Harrison-Topham / Laura Riascos Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com

 

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