Less Ads, More Data, More Tools Register for FREE

Pin to quick picksThe Mission Group Regulatory News (TMG)

Share Price Information for The Mission Group (TMG)

Share Price is delayed by 15 minutes
Get Live Data
18.50    0.00 (0.00%)
Bid:
18.00
Ask:
19.00
Spread: 1.00 (5.556%)
Market Cap: £16.76m
TMG Live PriceLast checked at - London Stock Exchange

Intraday The Mission Group Share Chart

Pre Close Trading Update

18 Jul 2012 07:01

RNS Number : 8937H
The Mission Marketing Group PLC
18 July 2012
 

The Mission Marketing Group plc

 

Pre Close Update

 

The Mission Marketing Group plc ('the missiontm` or 'the Group', AIM: TMMG), the national marketing communications and advertising group, today issued the following update ahead of its interim results for the six months ended 30 June 2012, to be announced in September.

 

Trading for the first half of 2012 has been in line with management's expectations, with billings, operating income ("revenue") and operating profit all expected to be ahead of the equivalent period last year. As predicted in our preliminary announcement at the end of March, the group's leverage ratio (ratio of net debt to EBITDA) has reduced to below the Board's target of x2 in the first half of the year, and the group's gearing ratio (net debt to equity) fell from 26% at 31 December 2011 to c20% at 30 June 2012 as a result of strong cash flow which is typically experienced in the first half of the year. As a result of the reduction in net debt, lower interest costs have resulted in a strong year-on-year increase in pre-tax profits.

 

The result for the twelve months to 31 December 2012 is again expected to have a bias towards the second half and, whilst conditions throughout the marketing communications sector remain difficult, the Board remains confident of further progress for the full year.

 

As the Group further reduces its debt levels, the Board anticipates that it will be able to declare a dividend next year. The Board looks forward to returning to the dividend list and this is a result of significant progress since the Group's refinancing in 2010.

 

Enquiries:

 

The Mission Marketing Group plc

David Morgan, Executive Chairman

Peter Fitzwilliam, Finance Director

 

020 3463 2099

 

finnCap Limited

Geoff Nash/Henrik Persson (corporate finance)

Simon Starr (corporate broking)

020 7220 0500

 

 

the missiontmis a national marketing communications and advertising group with 14 offices across the UK. The Group specialises in providing national and international clients with award winning marketing, advertising and business communications. Group members include April-Six, Big Communications, Bray Leino, RLA, Robson Brown, Story and ThinkBDW. the missiontm employs over 700 staff nationally and is listed on AIM (TMMG).

 

www.themission.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUBUBRUWABAAR
Date   Source Headline
16th May 202410:29 amRNSForm 8.3 - Mission Group PLC
16th May 20248:25 amRNSForm 8.5 (EPT/RI)
15th May 20241:46 pmRNSHolding(s) in Company
15th May 202412:47 pmRNSForm 8.3 - Mission Group Plc
15th May 202412:07 pmRNSForm 8.3 - The Mission Group plc
15th May 202411:32 amRNSForm 8.5 (EPT/NON-RI) - Replacement
15th May 202411:27 amRNSForm 8.3
15th May 202411:16 amRNSForm 8.5 (EPT/RI)
15th May 202411:00 amRNSForm 8.5 (EPT/NON-RI)
15th May 20247:00 amRNSResponse re possible offer for The MISSION Group
14th May 20245:10 pmRNSForm 8.3 - Mission Group Plc
14th May 20242:55 pmRNSForm 8.3 - Mission Group PLC
14th May 20242:21 pmGNWForm 8.3 - The Mission Group plc
14th May 20242:06 pmRNSForm 8.3
14th May 20241:42 pmRNSForm 8.3 - Mission Group Plc
14th May 202412:21 pmRNSForm 8.3 - Mission Group PLC/Brave Bison Group PLC
14th May 202410:39 amRNSForm 8.3 - The Mission Group PLC
14th May 20249:57 amRNSForm 8.5 (EPT/NON-RI)
13th May 20244:18 pmGNWForm 8.3 - The Mission Group plc
13th May 20247:00 amRNSResponse to Press Speculation & Possible Offer
13th May 20247:00 amRNSPossible All Share Offer for The Mission Group plc
2nd May 20244:12 pmRNSHolding(s) in Company
18th Apr 202410:00 amRNSIssue of Contingent Consideration Shares & TVR
2nd Apr 20247:00 amRNSFinal Results
28th Mar 20245:30 pmRNSFinal Results
17th Jan 20247:00 amRNSTrading Update
5th Jan 20247:00 amRNSDISPOSAL UPDATE - PATHFINDR
20th Dec 20237:34 amRNSTrading Statement
24th Nov 202312:46 pmRNSBoard Change
7th Nov 20232:47 pmRNSNotification of Major Holdings
31st Oct 20235:07 pmRNSHolding(s) in Company
31st Oct 20239:29 amRNSHolding(s) in Company
23rd Oct 20237:00 amRNSTRADING UPDATE AND REVISED OUTLOOK FOR 2023
19th Oct 20236:25 pmRNSHolding(s) in Company
26th Sep 20237:00 amRNSINTERIM RESULTS FOR THE SIX MONTHS TO 30 JUNE 2023
25th Sep 202310:27 amRNSNEW CONTRACT WIN
20th Sep 20239:44 amRNSInvestor Presentation
27th Jul 20237:01 amRNSTrading Update
27th Jul 20237:00 amRNSChange of Adviser
20th Jun 20232:44 pmRNSResult of AGM
20th Jun 20237:00 amRNSDirector Dealing
3rd Apr 20237:00 amRNSDividend Declaration
28th Mar 20237:00 amRNSFinal Results
24th Mar 20237:00 amRNSInvestor Presentation
16th Mar 202310:16 amRNSLaunch Of New Integrated Growth Media Agency
14th Feb 20237:00 amRNSACQUISITION OF MEZZO LABS
12th Jan 20237:00 amRNSTrading Update
8th Dec 20227:00 amRNSACQUISITION OF INFLUENCE SPORTS & MEDIA
31st Oct 20224:39 pmRNSHolding(s) in Company
27th Sep 20227:01 amRNSINTERIM RESULTS FOR THE SIX MONTHS TO 30 JUNE 2022

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.