Steaming ahead
While some companies covered here are still in recovery mode, others have demonstrated admirable resilience and even thrived in the new environment. Our pick of the day is a fast-growing provider of technology to the retail sector while a data analytics company delivering insights in neuroscience also continues to impress (Free to read)
Mission Group: value trap or bargain? Marketing communications and advertising specialists Mission Group (LON: TMG), announced encouraging interim results and there were mercifully fewer adjustments than previous years – our previous Blog here - Mission Marketing offers another horror show of adjustments - highlighted the previous issues with this business. Despite significant disruption from the pandemic revenues for the six months ending 30 June rose 17.8% to £34.1m with headline operating profit of £2.0m and reported pre-tax profit of £1.4m compared to the comparable prior period’s loss of £2.3m. There were strong performances from their agencies operating in sectors more…