The Marketing Group has published its first results, with FY16 revenues of €15.8m and EBITDA of €2.3m. As the bulk of subsidiaries were not in place until Q416, these figures capture little of the investment story. For Q416, revenues were €7.2m and EBITDA margin reached 17% (25% adjusted). Group strategy is to grow portfolio businesses organically, boosted by the network effect, and to make further earnings-accretive acquisitions using equity, retaining individual brands and th
28 Feb 2017
Promising maiden results
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Promising maiden results
Mission Group Public Limited Company (TMG:LON) | 23.0 0 0.0% | Mkt Cap: 21.2m
- Published:
28 Feb 2017 -
Author:
Fiona Orford-Williams -
Pages:
2
The Marketing Group has published its first results, with FY16 revenues of €15.8m and EBITDA of €2.3m. As the bulk of subsidiaries were not in place until Q416, these figures capture little of the investment story. For Q416, revenues were €7.2m and EBITDA margin reached 17% (25% adjusted). Group strategy is to grow portfolio businesses organically, boosted by the network effect, and to make further earnings-accretive acquisitions using equity, retaining individual brands and th