The UK's MAMA Group has announced its interim financials for the half year up to 31 Janusary 2008 with turnover up by 132%, a profit of just over £1million, news that the group's live division has tripled in size and a significant increase in the company's festival assets.

The UK's MAMA Group has announced its interim financials for the half year up to 31 Janusary 2008 with turnover up by 132%, a profit of just over £1million, news that the group's live division has tripled in size and a significant increase in the company's festival assets.

 

MAMA bosses Adam Driscoll and Dean James told CMU Daily "We are delighted to be reporting a further profitable result for the period and we expect to deliver a strong set of results for the second half of the year, where we are now seeing the real growth that we expected from the live venue acquisitions being delivered".