The Media Business Group plc, has published its first results since floating on the stock exchange in September 1995. According to the report, there has been an increase in turnover and profits, and advertising revenue has had steady growth.
Significant points in the report include:
Increase in turnover from £93.1 million to £108.3 million (16%)
Profit before tax is £1.224 million, compared to £920,000 last year
Earnings per share has risen from 0.31p to 0.36p
Proposed final dividend of 0.06p (net) per share. A full year total of 0.09p
In addition to current clients, such as Direct Line Insurance and Polygram Record Operations, the company has acquired new additions including Carpet Depot, Henderson Touche Remnant, IKEA, Moulinex Swan and Talkland.
The Direct Marketing section has developed considerably and is believed to be one of the largest in the UK. In the long term, The Media Business Group hope to capitalise in this area with database and telemarketing services. They also intend to develop new services while expanding existing ones.
The Media Business Group plc: 0171 408 4400
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
