Infogrames H1 net loss shrinks 34 pct |
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Fri, 30 Nov 2007 07:09
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PARIS (Thomson Financial) - Video games maker Infogrames Entertainment said its net loss shrank by 34 pct to 27.6 mln eur in its first half to September from 41.8 mln a year earlier after financing costs almost halved to 5.8 mln eur from 11.9 mln.The operating loss from ordinary activities widened to 40.1 mln eur from 33.4 mln, as sales dropped to 91.2 mln eur from 105.5 mln.Didier Lamouche, chairman and chief executive officer of IT services company Bull, has been nominated as an independent director, Infogrames said.In addition, Jeffrey Lapin has replaced Eli Muraidekh as permanent board representative of BlueBay Asset Management.Andrew.Newby@Thomson.coman/jfrCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Infogrames says strategy unaffected by Atari's exit from games production 