Zamano says results will be in line with expectations

MOBILE phone content provider Zamano is targeting continued international growth this year, after saying its 2008 figures should be in line with market expectations.

The Dublin-based company, which provides technology used for developing feature content on mobile phones, is due to report its full-year results for 2008, at the end of next month. It said yesterday that it expects earnings before interest, tax, depreciation and amortisation (EBITDA) to amount to around €4.8 million, with net debt of €7.5m.

While much of Zamano’s revenue has been driven from its operations in Britain, it has seen profits grow in the US of late — mainly on the back of the acquisition, last year, of Dublin firm Red Circle Technologies, which has strong operations there.