Trading Statement
March 09 2011 - 11:37AM
UK Regulatory
TIDMDMG
RESULTS DATE & TRADING STATEMENT
Tel-Aviv, Israel - March 9, 2011 - Dori Media Group Ltd. (the
"Company") announces that the financial results for the year ended
31st December 2010 are now expected to be released to the market on
14th April 2011.
As previously reported, preliminary unaudited figures indicate
that revenues for 2010 will be in the range of $45 - $48 million.
It is now expected that the Company will report a loss after tax
for the year.
The Company has started the current financial year positively,
and expects that 2011 will see a return to profitability with
positive cash generation.
---------------------------
For further information on Dori Media Group, please visit our
website on www.dorimedia.com or contact:
Dori Media Group Ltd. Shared Value Limited
Nadav Palti, CEO & President Mark Walter
Tel: +972 3 7684000 Investor & Media relations
info@dorimedia.com Tel. +44 (0) 20 7321 5010
dmg@sharedvalue.net
Daniel Stewart & Company
Paul Shackleton/Oliver Rigby
Tel. +44 (0) 20 7776 6550
Dori Media Group is an international media group that produces,
distributes and broadcasts telenovelas. The group owns
approximately 4,450 television hours that it sells to a wide
variety of audiences in more than 70 countries. In Israel, Dori
Media is the owner of Dori Media Paran and Dori Media Darset, which
produce daily series and telenovelas for the Israeli market. It
also owns and operates two telenovela channels, Viva and Viva
Platinum. In the Israeli market, Dori Media also packages, produces
and operates all of the movie channels on HOT cable television and
the series channel on HOT Extra. In Indonesia, the company operates
the Televiva Vision 2 channel that is devoted to telenovelas and
Baby TV Vision 3 for toddlers. The Dori Media Group in controlled
by Mapal Communications Ltd. one of the largest media companies in
the Israel. The group is traded on the London Stock Exchange where
its symbol is DMG. For more information on Dori Media, visit our
corporate website at http://www.dorimedia.com/.
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