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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mkm Group | LSE:MKM | London | Ordinary Share | GB00B013MJ08 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4226F MKM Group PLC 09 October 2007 MKM.L 9 October 2007 MKM GROUP PLC ("MKM" or the "Group") Trading Update The Board of MKM, the specialist marketing services company, is pleased to make the following trading update prior to announcing its interim results for the six months ending 30 September 2007 in November. MKM has announced two acquisitions in the past nine weeks. The purchase of the Leapfrog Group ("Leapfrog"), the Australian-based sales promotion company, announced on 3 August 2007, represents a transformational development, more than doubling MKM's turnover and providing a significant opportunity to expand into new geographic markets. The acquisition of Promodus, the London based marketing and communications consultancy, announced in a separate statement issued today, is also highly complementary and strengthens the Group's UK operations. In the period since 31 March 2007, MKM Concepts Limited has continued to develop both its existing client relationships, renewing its contractual positions with some important longstanding clients and securing new clients. Much of this has been underpinned by the business's new web-based database programme, StARS, which supports MKM Concepts' move to a more solutions based approach. In addition, the Group has recently launched a range of ecologically friendly offers under the 'Green Suite' brand name. Leapfrog has maintained and strengthened its market position through product innovation and focussing on long term client relationships. Since 31 January 2007 (the last reported financial position in the Admission Document dated 3 August 2007) Leapfrog has secured significant client wins within the retail, financial services and consumer electronics sectors. To further enhance its reach into the marketplace, Leapfrog has also established a more rigorous marketing programme that includes testing search-engine marketing initiatives and enhancing their marketing and sales materials. This initiative is expected to drive further client wins in the future. The Group's plan to integrate the MKM UK and the Leapfrog Asia-Pacific businesses has commenced and is well on track. The Board looks forward to updating shareholders further when MKM's interim results are announced. For further information, please contact: Enquiries: MKM Group Plc (www.mkmgroupplc.com) T: 0161 877 1112 Andrew Johnson, Executive Chairman Matthew Toynton, Finance Director WH Ireland Limited T: 0161 832 2174 David Youngman Biddicks T: 020 7448 1000 Katie Tzouliadis Sophie Lane About MKM Group plc MKM has the stated strategy of building a substantial specialist marketing services group. The Group currently provides specialist loyalty and sales promotion programmes for major brands and has developed a reputation for creating market leading solutions. The Directors see a considerable opportunity to broaden the range of the Group's services and to accelerate the Group's growth in the UK and in select overseas markets. Established in 1989, MKM plans, creates and delivers innovative loyalty and sales promotion programmes for clients including HSBC, Lufthansa and Procter & Gamble. Following the acquisition in August 2007 of Australasian marketing agency, The Leapfrog Group, MKM now operates from five offices across the UK, Australia and New Zealand and employs over 90 staff. This information is provided by RNS The company news service from the London Stock Exchange END TSTMLBATMMAMBTR
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