Strong performance in Amino first half

Larger orders completed ahead of time helped Amino Technologies increase first-half revenues by 21 per cent.
Revenue of £40 million translated to pre-tax profits of £6.9 million.
Continued sales growth in North and Latin America reflected a move from cable to IP. Typically, these are within small to medium sized operators.
However, European sales were 48% lower after a change of ownership within a key customer impacted on the timing of orders. It’s expected the position will recover in the medium term.
Amino’s first full end-to-end multiscreen entertainment service was deployed at Dutch operator Delta. This comprises both the MOVE cloud TV platform delivering TV to mobile devices, as well as TV services delivered to the home via a 4K UHD compatible Amino IPTV device.