The Mission Group (TMG)

Sector:

Media

Index:

FTSE AIM All-Share

29.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 32.50
  • 52 Week Low: 17.50
  • Currency: UK Pounds
  • Shares Issued: 90.92m
  • Volume: 20,648
  • Market Cap: £26.82m
  • RiskGrade: 230

Mission Group ends year in strong position

By Josh White

Date: Tuesday 28 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Digital marketing and communications specialist Mission Group reported a strong financial performance across all of its business segments in its final results on Tuesday.
The AIM-traded company said revenue for the year totalled £79.8m, an increase of £7.3m year-on-year.

Headline operating profit saw growth of £0.7m, to £8.7m, while its headline profit margin came in at 10.9%, a slight decrease of 0.2% compared to the prior year.

Its headline profit before tax was up £0.3m to reach £7.8m.

Headline earnings per share and headline diluted earnings per share both increased by 0.2p, amounting to 6.8p and 6.7p respectively.

The firm attributed its strong financial performance to operational improvements made throughout the year.

It also said that its debt leverage ratios remained comfortably within the board's limits, with its balance sheet remaining stable with low levels of acquisition obligations outstanding.

The directors proposed a final dividend of 1.67p per share, bringing the total dividend for 2022 to 2.5p per share, making for a 4% increase from 2021.

Looking ahead, the company said trading in 2023 had started well, and was in line with the board's expectations.

Mission Group said it was continuing to monitor and capture market opportunities, reflected in its recent post-year end acquisition of Mezzo Labs, a global data science and digital analytics consultancy, and the launch of Turbine, an integrated growth media agency specialising in earned, owned and paid media for consumer brands.

"Mission's continued growth in 2022 highlights the resilience and strength of the group across all of its agencies, and our ability to deliver value for Clients in a time of economic uncertainty," said non-executive chair Julian Hanson-Smith.

"This reflects Mission's strategic growth plan and progress to drive improved performance."

Hanson-Smith said trading in the year-to-date was in line with expectations.

"The investments we have made as part of our plan mean Mission is well positioned for growth in 2023 and beyond."

At 1505 BST, shares in the Mission Group were up 4.06% at 55.15p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TMG Market Data

Currency UK Pounds
Share Price 29.50p
Change Today 0.50p
% Change 1.72 %
52 Week High 32.50
52 Week Low 17.50
Volume 20,648
Shares Issued 90.92m
Market Cap £26.82m
RiskGrade 230

TMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.87% above the market average96.87% above the market average96.87% above the market average96.87% above the market average96.87% above the market average
95.00% above the sector average95.00% above the sector average95.00% above the sector average95.00% above the sector average95.00% above the sector average
Price Trend
46.20% above the market average46.20% above the market average46.20% above the market average46.20% above the market average46.20% above the market average
58.14% above the sector average58.14% above the sector average58.14% above the sector average58.14% above the sector average58.14% above the sector average
Income
49.66% above the market average49.66% above the market average49.66% above the market average49.66% above the market average49.66% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
14.11% below the market average14.11% below the market average14.11% below the market average14.11% below the market average14.11% below the market average
21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TMG Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 13-Jul-23
Paid n/a 28-Jul-23
Amount 0.000p 1.67p

Trades for 29-May-2025

Time Volume / Share Price
14:07 14 @ 30.00p
13:43 200 @ 30.00p
13:16 426 @ 30.00p
12:21 10,000 @ 30.00p
09:48 9,986 @ 30.00p

TMG Key Personnel

CFO Giles Lee

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