http://www.mblgroup.co.uk/Business Financial Newswire
MBL, the AIM listed distributor of home entertainment products, has increased profit before tax by 42.1% to 8.1m in the year ended 31 March 2009.

Revenue powered ahead to 143.6m, a 77.5% jump on the previous year.

EPS increased to 34.3p a share and there is a proposed dividend of 6p per share.

The company remains debt free with cash balances of 2.6m at 31 March 2009.

MBL has benefited from the demise of one of their key competitors in November 2008.

Peter Cowgill, Non-Executive Chairman, added: 'We have recently signed an exclusive three year contract with Morrisons plc, further strengthening our market position.

We remain cautious in the current climate, but are optimistic we will be able to report positive interim results.'



Story provided by Business Financial Newswire

2 February 2010
MBL Group plc
("MBL" or "the Group")
MBL Group signs contract to supply WH SMITH stores
The Board of MBL Group plc, the UK distributor of home entertainment products, is pleased to announce that it has signed a new contract with WH Smith for the supply of DVD and BluRay formats to its high street stores. WH Smith currently retails DVD and BluRay in 448 of these stores. The contract runs through to 2012.

Today's free share tip is a small cap growth stock but not a penny share. Here is the non technical analysis of why the share price will go up! MBL is consolidating the electronic entertainment distribution market in the wake of the tsunami dealt out to the sector following the collapse of Woolworths et al that sent many of MBL's competitors down the pan. The firm continues to win major contracts with retailers, prompting regular earnings upgrades; its balance sheet is in tip top condition, with forecast net cash of c.GBP5 million; and it is expanding into new mediums, most recently through the acquisition of Global Media Vault. The shares remain too cheap, trading on a PE of under 5.
...I am confident that the company's expertise in helping its customers market their electronic entertainment products is a key differentiator for MBL, and I'm sure we'll see the firm win more contracts throughout 2010, prompting further earnings upgrades. The shares remain a buy, at 178p

www.uk-analyst.com

Terrible chart and loss of Morrison business today.