CORRECTION IMS Maxims swings to FY loss; revenues fall

Date : 10/06/2008 @ 10:37AM
Source : TFN
Stock : Ims Maxims (IMX)
Quote : 11.75  0.0 (0.00%) @ 1:00AM
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CORRECTION IMS Maxims swings to FY loss; revenues fall

        (Correcting statement originally issued on Sept. 30 to remove reference to
legal costs which was not in any way related to IMS Maxims)
    LONDON (Thomson Financial) - IMS Maxims Plc. swung to a full-year loss as
revenues fell after losses made by UK operations all but negated the profits
that came from its European operations.
    The company said it will be shifting its focus towards the private
healthcare provider sector, a sector which the company sees as a driver of
revenues in 2009.
    For the year to March 31, pretax losses fell to 255,000 pounds from a profit
of 497,000 last year as revenues fell to 4.7 million pounds from 5.0 million.
   
TFN.newsdesk@thomson.com
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