The Marketing Group (TMG) has made its first acquisition under the new management team. Although relatively small (FY16 revenues of €1.5m), wildcard fits well with Ranieri Communications, adding to its PR, social and influencer network. wildcard communications brings in a good range of blue-chip clients and opportunities for cross selling. Our FY18e and FY19e earnings estimates are nudged ahead, having being increased by 10% following the Q3 results. Industry interest in TMG’s star
29 Nov 2017
The Marketing Group - Acquisition of German wildcard
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The Marketing Group - Acquisition of German wildcard
Mission Group Public Limited Company (TMG:LON) | 23.0 0 0.0% | Mkt Cap: 20.9m
- Published:
29 Nov 2017 -
Author:
Fiona Orford-Williams -
Pages:
2
The Marketing Group (TMG) has made its first acquisition under the new management team. Although relatively small (FY16 revenues of €1.5m), wildcard fits well with Ranieri Communications, adding to its PR, social and influencer network. wildcard communications brings in a good range of blue-chip clients and opportunities for cross selling. Our FY18e and FY19e earnings estimates are nudged ahead, having being increased by 10% following the Q3 results. Industry interest in TMG’s star