22nd Jul 2015 07:58
LONDON (Alliance News) - The Mission Marketing Group PLC Wednesday expressed confidence in meeting market expectations for 2015, as it said it expects to post double-digit growth in revenue and profit for its first half to end June.
According to Morningstar, FinnCap expects Mission Marketing to post a pretax profit of GBP6.4 million for 2015.
The company attributed its first-half performance to both organic growth and acquisitions it made in the second half of 2014. It has made a total of five acquisitions in the past year, merged two of its integrated generalist agencies, and launched a new specialist agency.
"Looking to the future, we will seek to exploit the opportunities for further growth these new businesses bring and in addition we will continue to explore opportunities to extend our range and reach further in response to client demand," the company said in a statement.
Shares in Mission Marketing are trading up 3.1% at 41.50 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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