Imagination Technologies has reported its final results for the year to April 2015. Total revenue of £177.0m and adjusted operating profit of £21.1m are in-line with expectations set at the interim update in March. The group has seen good growth in royalty revenue with traction in MIPS particularly encouraging. With management focused on cash generation and increasing operating margins going forwards and a broader range of products, we believe the group is well placed to perform from here. We re ....

30 Jun 2015
Results in-line with revised forecasts, outlook positive

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Results in-line with revised forecasts, outlook positive
Imagination Technologies Group (IMG:LON) | 0 0 0.0%
- Published:
30 Jun 2015 -
Author:
Singer CM Team -
Pages:
3 -
Imagination Technologies has reported its final results for the year to April 2015. Total revenue of £177.0m and adjusted operating profit of £21.1m are in-line with expectations set at the interim update in March. The group has seen good growth in royalty revenue with traction in MIPS particularly encouraging. With management focused on cash generation and increasing operating margins going forwards and a broader range of products, we believe the group is well placed to perform from here. We re ....