Centaur Media PLC AGM Statement (9459M)
May 03 2018 - 1:00AM
UK Regulatory
TIDMCAU
RNS Number : 9459M
Centaur Media PLC
03 May 2018
Centaur Media plc
Incorporated in England and Wales
Registration number: 04948078
LEI: 2138005WK87G7DQRQI62
ISIN: GB0034291418
3 May 2018
Centaur Media plc
("Centaur" or "the Group")
AGM statement
Centaur, the business information, insight and events group,
issues the following update in advance of its AGM to be held today
at 12.30pm.
The Board is pleased with the progress made across the Group
with Q1 trading in line with Board expectations.
Centaur has seen positive growth around organic product
development and the opportunities arising from the integration of
our recent acquisitions. Highlights include:
-- The Lawyer's upgraded digital subscription platform, a step
change in allowing customers seamless and unrivalled access to
editorial, data and market insight, has had a positive start since
its successful launch in April
-- Marketing Week's successful online eLearning programme
delivered its largest ever intake to its Mini MBA, generating over
GBP0.5m revenue
-- The Business Travel Show had another strong year with
revenues +14% and a high level of rebook of 78%
-- MarketMakers continues to grow well organically and is also
now actively engaged in sales programmes across the Group
-- The Growth Partner initiative which offers clients a broader
selection of Group services, spearheaded by Oystercatchers, is
showing encouraging early signs
The Board is confident in the outlook for Centaur. The continued
transformation of the Group means that it is well positioned to
take advantage of current market dynamics. Furthermore, the
strengthened balance sheet, cashflow management and the net cash
position gives Centaur the potential to complement organic growth
with strategic acquisitions.
-end-
Centaur plc
Andria Vidler, Chief Executive 020 7970 4000
Swag Mukerji, Chief Financial Officer
Tulchan Communications
James Macey White 0207 353 4200
Elizabeth Snow
Deborah Roney
This information is provided by RNS
The company news service from the London Stock Exchange
END
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