Marketing services firm Mission Marketing Group says that it is on course to make a profit of £4.85m in 2012.
Mission Marketing reported a £4.2m profit in 2011. Brittany Ferries, M&S Bank and Harley Davidson are some of the new clients won last year.
Net debt will be cut by one-fifth to £12m. At the end of 2010, net debt was £18.6m.
A 2013 profit of £6m is forecast. Mission Marketing will get back to paying dividends in 2013. An interim dividend is planned. A total dividend of 1p a share is forecast and that would be covered more than five times by earnings.
At 32.5p a share, Mission Marketing is valued at £25m. The shares are trading at seven times 2012 earnings.
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