Zodiak Reports Q4, Full-Year Results

February 15, 2007 World Screen

STOCKHOLM, February 15: Zodiak Television’s fourth quarter
revenues rose 36 percent to SEK177.6 million, and full-year revenues were up 18
percent to SEK568.1 million.

Despite the revenue gains, however, the company’s Q4 profit
halved from SEK11.4 million to SEK6.4 million, and full-year after-tax profit
tumbled from SEK45.2 million to SEK16.9 million.

The company has maintained its 2007 revenue target of SEK1
billion and its 2008 operating profit target of 10 percent.