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Intermedia benefits from cost-cutting, eyes T4

IM Internationalmedia AG, the corporate parent of Intermedia, has announced its second consecutive positive quarterly result - scoring EBITA of Euros 4.3m for the first quarter 2003 as compared to a negative Euros 5.4m in the first quarter of 2002. The results come just as Intermedia prepares to launch its biggest ever picture Terminator 3: Rise Of The Machines here this weekend.

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