DMG expects to post profits of 8m

Digital Marketing Group is expected to post 8m profits for the year ended 31 March representing a 25% increase on the previous year.

Digital Marketing Group is expected to post £8m profits for the year ended 31 March representing a 25% increase on the previous year.

The digital marketing specialist, which owns the agencies GraphicoDMG, CheezeDMG, InboxDMG and AgencyDMG, said the results were in line with market forecasts despite the challenging market conditions.

The company claims it has maintained a flexible cost base and will have reduced its debts to £6.5m at the year end.

A statement from DMG said, “The Group has begun to see some clients’ spend levels tighten and has experienced delays in a number of projects, particularly over the past few months.”

However, the Group believes it will continue to benefit from the overriding trend towards digital media and digital channels which appears to be accelerating as a result of the recession.”

DMG will announce it’s preliminary results for the year ended 31 March on 6 July.

To visit the NMA website click here

Recommended

Habitat appoints Propoganda

Marketing Week

High street homeware chain Habitat has appointed Propaganda to work on its strategic marketing and communications brief under new chief executive Mark Saunders. Saunders, who joined in April from Levis Strauss where he was retail director, says the agency was hired following a review which launched in February. The brand audit and marketing plan has […]

Knowledge Bank

Comments

    Leave a comment

    Close

    Discover even more as a subscriber

    This article is available for subscribers only.

    Sign up now for your access-all-areas pass.

    If you're an existing paid print subscriber find out how to get access here.

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now

    Got a question?

    Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

    If you are looking for our Jobs site, please click here

    Subscribers enjoy unlimited access to unrivalled coverage of the biggest issues in marketing, alongside practical advice from the digital experts at Econsultancy.

    With a subscription to Marketing Week Premium you will get full access to:

    > World-renowned columnists

    > Analysis & case studies

    > Exclusive leading-edge insight

    > Carefully curated reports & briefings from Econsultancy

    > Plus, much more including a £300 discount for the Festival of Marketing

    Subscribe now