Sunday, June 20, 2004

Hit TV profit warning

Hit Entertainment, the company behind some of the UK's biggest animation successes, including Bob The Builder, has warned that this year's profits will be much lower than expected.

This month a leading US retailer removed Hit merchandise from its shops following a slump in sales.

However, in a statement Hit insisted that while profits would be 15-20% lower than expected, they "remain confident about the future".

No comments:

Post a Comment

Note: only a member of this blog may post a comment.