Ten Alps profit hits a plateau

Media production company Ten Alps posted a flat pre-tax profit for the full year to 31 March, and said the new financial year began with a “decent” order book. Pre-tax profit for the full year was £3.3m, compared with £3.2m a year ago, and revenue fell 1.5 per cent to £80.2m. But Ten Alps, which counts Bob Geldof as a major shareholder, said it was too early to assume strong organic growth from existing customers.