Imagination Technologies Group PLC (IMG.L)
LONDON - Imagination Technologies, the British company that supplies graphics processing to Apple Inc, said it expected an improved second half as costly investments which weighed on the first months of the year begin to pay off.
* H1 adjusted pretax slumps 75 pct, reflecting higher investment
LONDON, Dec 16 - Imagination Technologies, the British company that supplies graphics processing to Apple, reported a 75 percent drop in adjusted profit in the first half, reflecting heavy investment in its product line.
* Pure business is trading in line with expectations following renewed focus and organisational changes implemented at end of FY14