Mission Group swings to profit as costs fall after disposals
25th Mar 2025 15:01
(Alliance News) - Mission Group PLC on Tuesday said it swung to a pretax profit in 2024 despite reporting lower turnover. Read More
(Alliance News) - Mission Group PLC on Tuesday said it swung to a pretax profit in 2024 despite reporting lower turnover. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Mission Group PLC - Devon, England based owner of a group of digital marketing and communications agencies - Seals the sale of its April Six Inc subsidiary to Marketbridge Inc for a total of GBP17.4 million. The net proceeds will go towards paying off debt. Notes net bank debt at December 30 was GBP17.0 million. Including the GBP10.5 million proceeds, pro forma net bank falls to GBP6.5 million. Mission also announces a GBP1.5 million share buyback programme. It also updates on its capital allocation policy. Maintaining a "strong balance sheet" is the priority, then investing in growth and then any surplus cashflow can be returned to investors. "The board expects to return to paying ordinary dividends in 2026," Mission Group adds. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - Mission Group PLC on Thursday said Chief Executive Officer James Clifton has resigned as a director of the company with immediate effect. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Onward Opportunities Ltd - UK smaller companies-focused investment firm - and Mission Group PLC - Devon, England-based owner of digital marketing and communications agencies - Onward acquires 6.3% of stake in Mission through purchase of 5.8 million shares worth total GBP1.2 million. Acquisition funded through existing company cash. In year ended December 31 Mission reported revenue of GBP86.3 million and adjusted pretax profit of GBP4.2 million. Mission net assets at December 31 were GBP76.4 million. Read More
The Mission Group PLC - Devon, England-based owner of a group of digital marketing and communications agencies - Issues trading statement ahead of Monday's annual general meeting. Trading between April 3 to June 17 has continued in line with the board's expectations. Highlights further new business wins underpinned by the investments made in previous years to enhance the service offering and capabilities. New client mandates signed include FatFace, Mastercard Inc, BNP Paribas SA, England Cricket Board, and McCarthy Stone. In addition, says the majority of the GBP5.0 million of annualised projected profit improvements are already secured for the year. Read More
(Alliance News) - Brave Bison Group PLC on Monday ditched the idea of making a takeover offer for Mission Group PLC, complaining that its attempts for "constructive dialogue" were rejected. Read More
(Alliance News) - Mission Group PLC on Thursday unanimously rejected an "opportunistic" revised bid proposal from Brave Bison Group PLC stating it "undervalues the group and its prospects". Read More
(Alliance News) - Mission Group PLC on Tuesday said it is evaluating a new possible bid proposal from Brave Bison Group PLC. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, ahead of data from the US, and after UK retail sales only grew slightly overall in May. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Brave Bison Group PLC's bid for fellow AIM listing Mission Group PLC is "highly unattractive", the investment manager of a major Mission shareholder said on Wednesday. Read More
(Alliance News) - Brave Bison Group PLC on Monday said it made an unsolicited offer for Mission Group PLC, to which the latter responded with a resounding rejection of the proposal that "significantly undervalues the group and its prospects". Read More
(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More