Investor News

26 February 2015

Final Results

Milestone Group PLC

(“Milestone” or the “Company”) 

Final Results

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions announces its final results for the year ended 30 September 2014.

Highlights 

• Engagement of 2,000 young people within the Passion Project
• Fee paying corporate members and sponsors of the Passion Project post year-end
• Resilience and emotional intelligence training delivered to Poplar HARCA vulnerable young adults
• Acquisition of Disorder UK Magazine
• Appointment to the management team of Frank Sweeney as Passion Project Programme Director and Anthony Webb as Disorder Magazine Commercial Director

Deborah White, CEO and Interim Chairman, commented:

“We are pleased with the developments during the period and particularly since the period end. Each of the separate business offerings has shown the beginnings of their revenue potential with growing interest being shown from an ever-expanding customer base and further new revenues visible in the near future.

“The coming together of the elements necessary for the continued development and expansion of the Passion Project have clearly been demonstrated. Much of the Project’s preparatory groundwork is now complete and early indications have helped to highlight not only the number of new possible revenue lines, but also the scale of their potential. 

“The Passion Project platform offers the Group a unique opportunity to set itself apart in the digital community as a provider of innovative products and solutions. Through its continually developing eco-system, it offers the Company an expanding marketplace through which to promote its products and services whilst reinforcing its vision of creating a media brand synonymous with the creation and delivery of market leading products that deliver both financial and social value.”

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