Centaur has delivered a better than expected profit result on lower than forecast revenues. Organic growth was 3% at the group level with the Financial Services portfolio the only negative at -1%, but still better than we expected (£6.8m revenue vs N1Se £6.5m). Marketing showed the biggest variance from our expectations (£13.0m revenue vs N1Se £13.9m) and this is related to the smaller events (larger events and data/content are good). The Company is addressing this. Guidance on phasing issues im ....
30 Jul 2015
Interims – profit better than expected
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Interims – profit better than expected
Centaur Media plc (CAU:LON) | 51.0 0 0.0% | Mkt Cap: 74.9m
- Published:
30 Jul 2015 -
Author:
Johnathan Barrett -
Pages:
3
Centaur has delivered a better than expected profit result on lower than forecast revenues. Organic growth was 3% at the group level with the Financial Services portfolio the only negative at -1%, but still better than we expected (£6.8m revenue vs N1Se £6.5m). Marketing showed the biggest variance from our expectations (£13.0m revenue vs N1Se £13.9m) and this is related to the smaller events (larger events and data/content are good). The Company is addressing this. Guidance on phasing issues im ....