Beyond International Limited (ASX:BYI) continues to experience significant growth in both its television production and television distribution operations.
For the six months to 31 December 2006, management is forecasting an approximate 25% increase in operating earnings before tax in the range of $3,100,000 to $3,300,000, compared to $2,630,000 for the prior corresponding period.
During the six month period Group total debt will have been reduced by $1,970,000 to $2,071,000 at 31 December 2006. In addition cash payments totaling $1,000,000 will have been made for the acquisition of the Force Entertainment business. A dividend of $1,797,689 was paid on 15 November and share buys backs totaling $108,000 were completed in the six months.
The Directors expect the strong growth to continue, but it is too early in the financial year to lift the full year guidance. The Directors will review the guidance when the half year results are released to the market in February 2007. The Company is in the process of mitigating and eliminating the financial impact of any under performing assets.
The results for the six months demonstrate the continued strength of the Company’s operating cash flows and its ability to internally fund organic growth. The Company will continue to make acquisitions to expand its existing operations and is actively looking for appropriate opportunities.
All enquiries should be directed to:
Mr Mikael Borglund, Managing Director, Beyond International Limited
Telephone 02 9437 2000 or by email to investor_relations@beyond.com.au
published: Friday, December 01, 2006 
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