REG - Centaur Media PLC - AGM Statement

Centaur MediaAnnouncement

03/05/2018 07:05

2018-05-03T06:00:11.354Zreuters.comtag:reuters.com,2018-05-03:newsml_RSC9459Ma:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-03T06:00:11.354Z2018-05-03T06:00:11.354Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-03T06:00:11.354Z3RSC9459MaREG - Centaur Media PLC  - AGM StatementConsumer Publishing (NEC) (TRBC level 5)Consumer Cyclicals (TRBC level 1)Media & Publishing (TRBC level 3)Consumer Publishing (TRBC level 4)LEGACY: Cyclical Consumer Goods & Services (TRBC)Cyclical Consumer Services (TRBC level 2)LEGACY: Media & Publishing (TRBC)LEGACY: Publishing (TRBC)Western EuropeUnited KingdomEuropeTechnology / Media / TelecomsSuggested SourcesConsumer Products and ServicesConsumer ServicesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesCentaur Media PLC








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 £0.5m 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



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The company news service from the London Stock Exchange
 
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