MIDI plc – Financial Statements for the year ended 31 December 2010

April 29, 2011
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

MIDI plc – Financial Statements for the year ended 31 December 2010

MIDI plc announced that the Board of Directors of the Company, during the board meeting held on 28 April 2011, approved the audited consolidated financial statements and the Preliminary Statement of Annual Results for the financial year ended 31 Decemeber 2010.

The Group registered a Profit before tax of EUR 1.51m in 2010, compared to the EUR 1.75m registered in 2009. Revenue also decreased, from EUR 32.21m in 2009 to EUR 25.97m in 2010. Earnings per share declined by EUR 0.002, amounting to EUR 0.005.

The directors did not recommend the payment of a dividend in respect of the financial year ended 31 December 2010.

The Board resolved that these audited financial statements be submitted for approval of the shareholders at the forthcoming Annual General Meeting of the Company scheduled for Wednesday 1 June 2011.

To view the Annual Financial Statements, Click Here.