Interims revealed broadly flat underlying revenue performance, with adjusted operating losses narrowing to £1.3m (H1’18: (1.8m)). Financial performance was secondary however, to the news that management have now completed the strategic disposal program, receiving £16.0m of net proceeds in the period. £5m of disposal proceeds are due to be returned to shareholders as part of a 3.5p/share dividend payable on 25 October (inclusive of 2p/share special dividend), with further returns to shareholders ....
25 Sep 2019
Interims highlight completion of disposal program
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Interims highlight completion of disposal program
Centaur Media plc (CAU:LON) | 49.0 -1 (-3.9%) | Mkt Cap: 72.0m
- Published:
25 Sep 2019 -
Author:
Caspar Erskine -
Pages:
3
Interims revealed broadly flat underlying revenue performance, with adjusted operating losses narrowing to £1.3m (H1’18: (1.8m)). Financial performance was secondary however, to the news that management have now completed the strategic disposal program, receiving £16.0m of net proceeds in the period. £5m of disposal proceeds are due to be returned to shareholders as part of a 3.5p/share dividend payable on 25 October (inclusive of 2p/share special dividend), with further returns to shareholders ....