Zamano profits drop despite strong UK sales
Company has cash to pursue acquisition opportunities
Zamano, which supplies apps and services for mobile phones, has reported a drop in first-half pre-tax profits despite an 80 per cent increase in sales.
The company said margins had been affected by increased spending on advertising, while more UK third-party sales and some negative impact from currency movements also affected the figures.
Pre-tax profits for the period were just under €800,000, compared with €1.15m a year earlier. Sales jumped by 80.2 per cent to €18.75m....
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