The mission has delivered good FY17 results and announced the purchase of Krow Communications, a well-regarded London advertising agency. Initiatives on shared back-office functions and tech-enabled collaboration are starting to lift group operating margins, up 20bp to 11.7%, on the path to the FY20 goal of 14%. Strong cash generation reduced end FY17 net debt by £4.1m to £7.2m (£14.5 including previous acquisition obligations), amply covering the initial cash consideration
11 Apr 2018
The Mission Marketing Group - Krow: Bar raised
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The Mission Marketing Group - Krow: Bar raised
Mission Group Public Limited Company (TMG:LON) | 21.5 -0.1 (-1.1%) | Mkt Cap: 19.6m
- Published:
11 Apr 2018 -
Author:
Fiona Orford-Williams -
Pages:
2
The mission has delivered good FY17 results and announced the purchase of Krow Communications, a well-regarded London advertising agency. Initiatives on shared back-office functions and tech-enabled collaboration are starting to lift group operating margins, up 20bp to 11.7%, on the path to the FY20 goal of 14%. Strong cash generation reduced end FY17 net debt by £4.1m to £7.2m (£14.5 including previous acquisition obligations), amply covering the initial cash consideration