Next up EMI, who are expected to reveal that their net income for the financial year ending 31 Mar was up 20% on the previous year, thanks to major releases from the likes of Coldplay and Gorillaz. Of course the London based major was using delays in getting those releases to market as an excuse for the financials released this time last year being a little disappointing, so it's just as well this year's numbers are up. According to Bloomberg, the major's annual report, published today, will show a profits rise from £75.6 million in 2004 to £90.6 million in 2005.
May 23, 2006
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1 min read
EMI to report healthy year
EMI's annual report is expected to show net income up 20% for the year to 31 March, helped by major releases from Coldplay and Gorillaz.