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Share Price: 24.00

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Change: 0.00 (0.00%)

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Open: 24.00

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Mission's agency buys Influence Sports & Media for GBP1.5 million

Thu, 08th Dec 2022 12:18

(Alliance News) - Mission Group PLC on Thursday said its agency Mongoose bought sports marketing agency Influence Sports & Media for GBP1.5 million, which it expects to be immediately earnings enhancing.

Mission, a Devon-based creative and marketing technology agency, said Mongoose bought the London-based company to improve its social media and marketing capabilities in the sports and entertainment markets.

Influence Sports & Media reported a pretax profit of GBP300,000 in its financial year 2021 to October 31, Mission said.

Mission shares were 0.5% lower at 46.75 pence each in London on Thursday afternoon.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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