The mission’s year-end trading update indicates that its FY17 profits were a shade ahead of the market forecast, with the bonus of a strong working capital performance delivering a very good reduction in net debt to below £7.5m. A greater degree of back-office integration in FY18, building on collaboration initiatives already in place, should help margins to progress, further boosted by reduced interest rates triggered by the stronger balance sheet. The lengthening record of deliv
25 Jan 2018
The Mission Marketing Group - Adding value and building margin
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The Mission Marketing Group - Adding value and building margin
Mission Group Public Limited Company (TMG:LON) | 23.0 0 0.0% | Mkt Cap: 20.9m
- Published:
25 Jan 2018 -
Author:
Fiona Orford-Williams -
Pages:
2
The mission’s year-end trading update indicates that its FY17 profits were a shade ahead of the market forecast, with the bonus of a strong working capital performance delivering a very good reduction in net debt to below £7.5m. A greater degree of back-office integration in FY18, building on collaboration initiatives already in place, should help margins to progress, further boosted by reduced interest rates triggered by the stronger balance sheet. The lengthening record of deliv