Centaur Media has delivered a resilient H1 in which adj EBITDA remained positive at £1.0m (H1’19: £1.2m). Group sales decline of 27% to £17.7m was substantially offset by tight cost control and a shift in mix towards higher quality revenue streams. The Lawyer revenue renewal rate remained strong (106%) and supported Group premium content sales (-3% y/y to £6.9m), with Mini MBA sales (+101% y/y) performing well. Telemarketing sales (-36% y/y) and events (-82% y/y)
21 Jul 2020
Resilient H1 leaves a strong cash position
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Resilient H1 leaves a strong cash position
Centaur Media plc (CAU:LON) | 51.0 0 0.0% | Mkt Cap: 74.9m
- Published:
21 Jul 2020 -
Author:
Caspar Erskine -
Pages:
3
Centaur Media has delivered a resilient H1 in which adj EBITDA remained positive at £1.0m (H1’19: £1.2m). Group sales decline of 27% to £17.7m was substantially offset by tight cost control and a shift in mix towards higher quality revenue streams. The Lawyer revenue renewal rate remained strong (106%) and supported Group premium content sales (-3% y/y to £6.9m), with Mini MBA sales (+101% y/y) performing well. Telemarketing sales (-36% y/y) and events (-82% y/y)