PapalPower
- 27 Aug 2005 15:52
http://www.theworkslimited.com/4586.html
Interim Results Highlights 30 September 2005
The Works Media Group Plc, whose principal activity is the finance, sale and
distribution of feature films, announces today its interim results for the six
months ended 30 June 2005.
Highlights include:
Change of name and re-branding
o Company name changed to The Works Media Group Plc
o All group businesses re-branded 'The Works'
Film Distribution - The Works UK Distribution
o Expansion of activities into domestic theatrical, DVD and TV sales
o Achieved without the cost of a corporate acquisition
o Delivers a move up the value chain to more regular predictable revenues
o Experienced and highly commercial team appointed
o 'Heidi' and Berlin Festival winner 'Live and Become' start the ball rolling
o Slate currently being assembled for exploitation in 2006
Film Sales - The Works International
o Critically acclaimed slate gathers momentum but trades below expectation
o Sales visibility remains unpredictable
Financials
o HY loss 0.10 million after goodwill and depreciation of 0.11 million
o Cash reserves of 1.98 million
o Half year admin costs fall to 0.77 million
Crispin Barker, non-executive Chairman of The Works Media Group Plc said:
'I am pleased to report the continuing diversification of the business. We
have re-branded the Group and moved successfully at no capital cost into UK
distribution. Whilst uncertainty continues to surround the environment for
International Sales and Production, these activities will become less important
to the Group as we move forward '.
Recent director buying :
29-Apr 05 Buy Crispin J Barker 12.00p 50,000 6,000.00
29-Apr 05 Buy Crispin J Barker 11.50p 50,000 5,750.00
29-Apr 05 Buy Crispin J Barker 11.00p 150,000 16,500.00
29-Apr 05 Buy Crispin J Barker 10.50p 100,000 10,500.00
13-Apr 05 Buy Crispin J Barker 13.50p 50,000 6,750.00
13-Apr 05 Buy Crispin J Barker 13.50p 50,000 6,750.00
13-Apr 05 Buy Crispin J Barker 13.50p 50,000 6,750.00
To be updated after results in 2006.
PapalPower
- 24 Mar 2006 13:07
- 3 of 3
Getting a bit much now, after HML 6 bagging, now WKS does a bag today !!
Hoping for UNG to bag next week then :) LOL