Centaur Media has announced a positive trading update, in line with market expectations. We are highly encouraged by growth in Lawyer subscription revenues and mix-driven margin improvement in XEIM which are progressing in line with management expectations for the MAP22 strategy (targeting 20% pre-IFRS16 EBITDA margins by 2022; H1’19: 2.5%). Centaur enters 2020 a radically different proposition than in 2019, stream-lined to focus on two core verticals in which the Group has strong brand presence ....
