M4e reports healthy results

Brand management and media firm?s financials exceed forecast.
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M4e has posted consolidated revenues of €13.66 million for the 2007 fiscal year and a net profit of €901,000, exceeding its earlier predictions.

The firm was listed on the Frankfurt Stock Exchange in May last year, and also acquired Tex-Ass later in the year.

It plans to continue its growth strategy and expand its position as a marketer of third-party and its own IP rights.

The executive board said it will retain its forecasts of target revenues amounting to about €20 million.

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