viewMilestone Group PLC

Milestone Group revenues ramping up

Milestone Group, the media and tech firm, saw a step up in revenues in its latest half year.

Deborah White, chief executive, said:

Milestone Group (LON:MSG), the media and tech firm, saw a step up in revenues in its latest half year

The figure, at £260,000 for the six months to end March, exceeded the revenue for all of 2014 of £157,000, the group said, mainly thanks to youth unemployment programme  Passion project.

Passion is now attracting fee paying corporate members. For example, in January this year, it signed a sponsorship deal worth £130,000 for the careers profiling tool of the Passion Project, called the Game.

And in March 2015 the firm announced the 5-month sponsorship of BE United, the football related engagement activity, for a total of £50,000 per month.

Deborah White, chief executive, said: "The board is pleased with the continued development of each sector of the business, particularly the revenues being generated by the Passion project following a long development phase. 

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