News & Comment
Swiss group Neo Media has subscribed for £300,000 of convertible loans in bombed out digital screen media concern Avanti Screenmedia.
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Avanti Screenmedia, provider of advertising screens to pubs and shopping malls, and increasingly to the retail sector, has announced sturdy financials for the year to June, following a bumper period of activity.
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Inspired selling the day before Avanti Screenmedia’s half-time profits announcement last week signalled an upset somewhere and, indeed, profits came in £100,000 lower than before at £188,000 despite a 14 per cent rise in turnover to £4 million.
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Updates on our recommendations on Avanti Screenmedia, Erinaceous, iTrain, Latchways, Northgate, Spice and EG Solutions
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Good news continues to flow from Avanti Screenmedia, the largest and most profitable supplier of TV to pubs, shops and retails chains in the UK.
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There's an ironic quality to Avanti Screenmedia's choice of corporate headquarters in London's Hoxton Square. For this is an area to the east of the City that is famed for its avant garde artists, flamboyant pubs and bohemian inhabitants.
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