1 for release 7am 2 october 2006 avanti screenmedia group plc preliminary results aim asg l the uk media and telecommunications business is pleased to announce its final year ended 30 june key points demonstrate significant on growth turnover up 54 12 9m 2005 8 4m profit after tax 55 3 1m 0m eps of 16 26p 18 25p following 25m placing net cash 10 0 m 05m networks division had a exceptional achievement secured spectrum licence from ofcom making only domiciled broadcast satellite operator one eight in europe bought hylas be launched 2008 funded by government grant equity pre sold 7 5 capacity has made an excellent start with recent pioneering contract wins spar woolworths setanta momedia john brackenbury chairman said i am delighted once again present strong showing robust balance sheet both divisions have achieved
