Centaur has been seeking to change its business so that it can deliver a better quality more consistent organic growth rate and H1 showed a solid 3%. We continue to expect the changes made to the structure and focus of the business to deliver healthy growth going forward. Based on our full year forecasts we also expect good margin progress (+120bps to 15.2%). At this stage our forecasts look conservative relative to managements target of achieving 20% margin in 2017 (N1Se 2017e 16.4%) highlighti ....
18 Aug 2015
Progress continues
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Centaur Media plc (CAU:LON) | 51.0 0 0.0% | Mkt Cap: 74.9m
- Published:
18 Aug 2015 -
Author:
Johnathan Barrett -
Pages:
5
Centaur has been seeking to change its business so that it can deliver a better quality more consistent organic growth rate and H1 showed a solid 3%. We continue to expect the changes made to the structure and focus of the business to deliver healthy growth going forward. Based on our full year forecasts we also expect good margin progress (+120bps to 15.2%). At this stage our forecasts look conservative relative to managements target of achieving 20% margin in 2017 (N1Se 2017e 16.4%) highlighti ....