Mission Marketing Group reveals a 30% profits boost

by Joe Lepper, Brand Republic 14-Sep-06, 10:30

LONDON - Mission Marketing Group, the regional media, marketing and advertising agency, reported a 30% rise in organic operating profit in its first results after being admitted to AIM earlier this year.

Key factors highlighted by Mission are the growth in digital activity and variety of service it is offering clients.

This latest announcement unveils two sets of figures, one for the two-and-a-half month period since it joined AIM in mid April and another set of pro forma accounts for the first six months of the year.

As well as showing an operating profit of £1m (pro forma £2.9m), up 30% on the previous year, the results also show that turnover for the period was £13m, (pro forma £29.8m), up 23% on the previous year.

Iain Ferguson, Mission chief executive officer, said that the acquisition of advertising and events agency Bray Leino, as well as the launch on AIM. has "provided us with a strong platform from which to implement our strategy of building a national advertising and marketing agency network".

The agency, which also owns Big Communications and Fuse Digital, includes King of Shaves and Carlsberg among its clients.

Mission is chaired by Conservative Party chairman Francis Maude.

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