The Mission Marketing Group plc (the missiontm) today announces its interim results for the six months ending 30 June 2015.

Highlights include:

  • operating income ("revenue") up 12% to £29.5m (2014: £26.3m);
  • headline profit before tax up 20% to £2.2m (2014: £1.8m);
  • interim dividend up 20% to 0.3p (2014: 0.25p)
  • Net bank debt reduced to £7.9m

Chairman David Morgan summarised the Group's results as "just how we like it" with "profits up, debt down and expectations high".

the missiontm's results come in the wake of several acquisitions and new business wins for the Group including BMW, British Airways, Diageo, RAC and Siemens.

"In the ever changing and challenging sector that we work in, our Agencies have continued to push forward in the first half of this year with growth from new ventures as well as improvements within our core offerings" said David Morgan.

"In December last year we acquired Speed PR and merged them with Bray Leino PR which has gone very well. This year we have bedded in Splash Interactive in Asia, acquired late last year, as well as other smaller but perfectly formed Agencies that we absorbed into April Six, Bray Leino and Story.

"In July this year we launched Mongoose Sports & Entertainment by hiring a very talented team from within the Sports Marketing world. Early days, but suffice to say that we are very excited by this development.

"We are also able to announce the appointment of Julian Hanson-Smith as a Non-Executive Director to the missiontm Board with effect from 1 October 2015. Julian was instrumental in setting up the hugely successful financial PR firm Financial Dynamics before pursuing a career in Private Equity so he is highly experienced in our sector."

"Whilst it's going well for us we won't become complacent. We will see that the Group will continue to expand and deliver against our own expectations."

"We will continue to acquire with consanguinity and expect to make a couple of rather exciting announcements later this year."

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