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Climate Exchange PLC Announces Preliminary Results |
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Climate Exchange PLC Announces Preliminary Results
ISLE OF MAN, UK--(Marketwire - March 12, 2010) -
Press release
12 March 2010
Climate Exchange plc
Preliminary results for the year ended 31 December 2009
Climate Exchange plc (the "Group" or the "Company"), the world's
leading exchange for trading emissions and environmental products,
announces its preliminary results for the year ended 31 December 2009.
Financial Highlights for the year ended 31 December 2009
- Pro-forma pre-tax profit of GBP6.8 million (2008: GBP2.8 million)
up 2.4 x
- Revenues from core businesses up 48% to GBP33.6 million (2008:
GBP22.7 million)
- Core business operating profit of GBP11.5 million (2008: GBP6.3
million)
- Cash balances including short term investments GBP19.2 million
at 31 December 2009 compared with GBP12.4 million at 31 December 2008
and no external borrowings
- Audited IFRS profit before tax GBP2.2 million (2008: loss of
GBP2.5 million)
- First audited IFRS profit after tax GBP0.7 million (2008: loss
of GBP2
View More : http://www.marketwire.com/mw/release.do?id=1130753&sourceType=3
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