The mission’s H115 results benefited from strong performances from newly acquired businesses, driving operating income ahead by 12%. There is plenty still to do in H2, but new business momentum is good, with some high-profile new clients on the roster. The group has been broadening and deepening its capabilities via both acquisition and start-ups, particularly in PR, digital and events. Further deals are on the cards in H2, supported by the stronger balance sheet. The interim dividend is raised by 20% to 0.3p. The shares remain valued at a substantial discount to agency peers.

24 Sep 2015
Quest for growth

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Quest for growth
Mission Group Public Limited Company (TMG:LON) | 25.5 0 0.0% | Mkt Cap: 23.2m
- Published:
24 Sep 2015 - Author:
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The mission’s H115 results benefited from strong performances from newly acquired businesses, driving operating income ahead by 12%. There is plenty still to do in H2, but new business momentum is good, with some high-profile new clients on the roster. The group has been broadening and deepening its capabilities via both acquisition and start-ups, particularly in PR, digital and events. Further deals are on the cards in H2, supported by the stronger balance sheet. The interim dividend is raised by 20% to 0.3p. The shares remain valued at a substantial discount to agency peers.