|
Mission Group PLC - Devon, England based owner of a group of digital marketing and communications agencies - 2025 revenue and profit come in below market expectations of revenue of £73.0 million and operating profit of £8.5 million after project delays push some completions into 2026, though underlying trading remains resilient. The group expects financial 2025 revenue of £68.0 million, compared to £87.7 million revenue and £75.9 million headline revenue in 2024. Further, it expects headline operating profit of £5.1 million, down 35% from £7.9 million in 2024 and reflecting delays to certain large projects, particularly within its integrated consumer marketing agencies. Mission CEO John Carey says: ‘We have not been immune from the impact of uncertainty on Client decision-making, which impacted our financial 2025 result. But I am encouraged by the resilience of our underlying performance and the outcomes of our strategy review as we look into 2026 and beyond.’ Net bank debt improves to £9.0 million at December 31, down from £9.5 million a year earlier, with total debt reduced to £10.3 million following strong cash conversion. Following the appointment of a new chief executive in September, the board undertakes a strategic review and begins consolidating its B2C and B2B advertising agencies, alongside its sports marketing and events businesses. The group expects annualised cost savings of £1.5 million to £2.0 million from the reorganisation, supported by continued investment in artificial intelligence. The company expects to release 2025 results on March 24. Current stock price: 16.80 pence each, down 9.2% on Tuesday afternoon in London 12-month change: down 43% Copyright 2026 Alliance News Ltd. All Rights Reserved.
|