The MISSION Group’s update indicates good trading in H121, with revenues up 9% and continuing sequential quarter-on-quarter recovery. Full year estimates are unchanged, implying H221 revenue growth of 14%. The £2.0m headline operating profit compares with the H120 loss of £1.8m, with the reduced cost base set to boost margins further in H221 and through FY22. The better performance is broadly based, with the tech and brand marketing agencies highlighted, along with recovery in property marketing ....
14 Jul 2021
The MISSION Group - Broad-based recovery
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The MISSION Group - Broad-based recovery
Mission Group Public Limited Company (TMG:LON) | 23.0 0.1 2.2% | Mkt Cap: 20.9m
- Published:
14 Jul 2021 -
Author:
Fiona Orford-Williams -
Pages:
3
The MISSION Group’s update indicates good trading in H121, with revenues up 9% and continuing sequential quarter-on-quarter recovery. Full year estimates are unchanged, implying H221 revenue growth of 14%. The £2.0m headline operating profit compares with the H120 loss of £1.8m, with the reduced cost base set to boost margins further in H221 and through FY22. The better performance is broadly based, with the tech and brand marketing agencies highlighted, along with recovery in property marketing ....