Summary
Set-top box maker Pace Micro Technology yesterday unveiled a 37% rise in profits and said 2006 revenues would be ahead of hopes. Pace said pre-tax profits before goodwill and one-off items in the year to June 4 were pounds 8.1m against pounds 5.9m beforehand.
The group, based in Saltaire, West Yorkshire, attributed the improvement to cost controls, market share gains and its decision to expand outside the UK digital television market.See the full content of this document
Extract
Profits Rise As Set-Top Box Maker Sets the Pace
It said first-half revenues in the current financial year would be below break-even, but revenues i...
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