Zamano release positive results for first half of 2012

Zamano PLC has revealed strong financial results for the first half of the 2012 financial year.

For the offical results click here.

Pat Landy, CEO of zamano, remarked that the strong trading performance shown in these results will hopefully offset any drawbacks from the new ComReg Code of Practice on D2C and B2B in the second half of the year.

He said: “The first half of 2012 was a period during which zamano significantly improved its trading performance. Even though the introduction by ComReg of its new code of practice will have an adverse affect on our Irish (D2C) and whitelabel (B2B) business in H2 and beyond, the Group anticipates a strong trading outcome for the full year”.

Speaking following the publication of the results John Rockett Chairman of zamano said, “The Board and management are aware of the many commercial and regulatory challenges confronting the Group. However, the Group continues to show resilience in a tough economic and regulatory environment, and, by leveraging its core competencies in the web and mobile marketing sector, this should enable the business to achieve further progress during the second half of 2012”.

More coverage of Zamano results
RTE News
WH Ireland
FE Investegate

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