"Profits up, debt down and expectations high." So reads the opening line in Mission Marketing Group (TMMG) chairman David Morgan's interim results summary. But no matter how the communications group words its messages, its marketing skills are clearly leaving a strong impression on its customers. This was underlined by a string of client wins in the six months to June, including BMW, British Airways, Diageo (DGE), RAC and Siemens .
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These new contracts, combined with recent acquisitions, drove gross profits up 12 per cent. Exclude restructuring costs of £0.6m and that sent operating profits up 15 per cent to £2.4m, paving the way for Mission to hike the interim dividend by a fifth.