REG - Centaur Media PLC - Trading Update

Centaur MediaAnnouncement

19/01/2022 07:05

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RNS Number : 8794Y  Centaur Media PLC  19 January 2022

Centaur Media plc

Incorporated in England and Wales

Registration number: 04948078

LEI: 2138005WK87G7DQRQI62

ISIN: GB0034291418

 

 

19 January 2022

Centaur Media Plc

("Centaur" or the "Company")

Trading Update

Strong trading in Q4

Centaur, an international provider of business information, training and
specialist consultancy, provides an update on trading for the financial year
ended 31 December 2021. The Board is pleased to report that trading has
remained strong in its Flagship 4 and Core Brands in the last quarter
particularly in Econsultancy, MW Mini MBA, The Lawyer and Marketing Week. As a
result, Centaur expects to report revenues of at least £38.5m for the year
and a Group adjusted EBITDA(1) margin in excess of 15%, both ahead of
consensus. Centaur ended the year with a cash balance of £13.1m as at 31
December 2021 (£8.3m as at 31 December 2020).

 

The Company will announce its 2021 results on 16 March 2022.

 

Swag Mukerji, Chief Executive Officer, commented:

 

"In 2021, we introduced our Margin Acceleration Plan, MAP23, to drive
profitable revenue growth for the business. I am pleased with the progress our
brands have made with this strategy over the past twelve months and both our
Flagship 4 and Core Brands have seen strong trading performances. We remain on
track to hit our MAP23 targets."

 

-Ends-

 

(1   )Adjusted EBITDA is adjusted operating profit before depreciation and
amortisation. Adjusted results exclude adjusting items, such as amortisation
of acquired intangible assets, as detailed in note 4 of the Interim Report for
the period ended 30 June 2021.

 

Enquiries

 Centaur Media Plc                         020 7970 4000
 Swag Mukerji, Chief Executive Officer
 Simon Longfield, Chief Financial Officer
 Teneo
 Zoë Watt / Matthew Thomlinson             07713 157561 / 07785 528363

Note to editors

Centaur is an international provider of business information, training and
specialist consultancy that inspires and enables people to excel at what they
do, raising the standard for insight, interaction and impact.  Leading
brands include The Lawyer, Econsultancy, Influencer Intelligence, MW Mini MBA,
Marketing Week, Festival of Marketing, Creative Review, Fashion & Beauty
Monitor, Oystercatchers and Really B2B.

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