Mission Group – having less than a month ago considered itself “on track to deliver against the board's expectations”, now a severe profit warning (and much worse!)…
By Steve Moore | Monday 23 October 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as “comprising a group of digital marketing and communications agencies”, Mission Group (TMG) has issued an announcement titled “Trading Update and Revised Outlook for 2023”. Considering its activities and the current macroeconomic environment, I’d suggest the trading and “revised” outlook aren’t going to be good…
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