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9 May 2017 07:00
9 May 2017
Centaur Media plc
AGM and Q1 trading update
For the quarter ended 31st March 2017
Centaur Media, the business to business information, insight and events group, will hold its AGM at 12.30pm today.
The Group traded in line with management expectations in the first three months of the new financial year. As expected, headwinds seen across the print and digital advertising markets during 2016 have continued. Cash flow continued to improve and the Group further reduced its net debt.
In the quarter, the Group made further progress towards becoming a pure B2B media company and in diversifying revenue streams away from traditional print advertising. Investment was targeted to strengthen Centaur's ability to monetise content, whilst the sale of the Group's B2C business, Home Interest, is progressing.
Centaur Media plc
Andria Vidler, Chief Executive 020 7970 4000
Swag Mukerji, Chief Financial Officer
Tulchan Communications
James Macey White 020 7353 4200
Will Smith
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