Centaur’s trading update highlights revenues and EBITDA in-line with guidance. Revenue from continuing operations declined 16% y/y to c.£32m, encouraging in the context of CV19 impact to events sales and retail and fashion end-markets. Premium content has remained resilient, with Mini-MBA growth (H1: >100% y/y) a stand-out for the Group during FY’20E, whilst renewals in The Lawyer were also positive (105% net renewal rate). The Group exits 2020 with a healthy net cash position (£8.3m) and resili ....
26 Jan 2021
MAP23: FY’20E update and "The flagship four"
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MAP23: FY’20E update and "The flagship four"
Centaur Media plc (CAU:LON) | 49.0 -1 (-3.9%) | Mkt Cap: 72.0m
- Published:
26 Jan 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
Centaur’s trading update highlights revenues and EBITDA in-line with guidance. Revenue from continuing operations declined 16% y/y to c.£32m, encouraging in the context of CV19 impact to events sales and retail and fashion end-markets. Premium content has remained resilient, with Mini-MBA growth (H1: >100% y/y) a stand-out for the Group during FY’20E, whilst renewals in The Lawyer were also positive (105% net renewal rate). The Group exits 2020 with a healthy net cash position (£8.3m) and resili ....