CentralNic announced a highly accretive acquisition of a publishing network. The acquisition should add reliable revenue, expand margins and increase market share for the Online Marketing division. We increase 2022 EPS by 3%.
28 Sep 2021
CentralNic Group plc (CNIC LN) - Vertical integration
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CentralNic Group plc (CNIC LN) - Vertical integration
Team Internet Group plc (TIG:LON) | 139 -0.3 (-0.1%) | Mkt Cap: 359.3m
- Published:
28 Sep 2021 -
Author:
Bob Liao, CFA -
Pages:
3
CentralNic announced a highly accretive acquisition of a publishing network. The acquisition should add reliable revenue, expand margins and increase market share for the Online Marketing division. We increase 2022 EPS by 3%.