Centaur Media PLC Trading Statement (4930E)
May 09 2017 - 2:00AM
UK Regulatory
TIDMCAU
RNS Number : 4930E
Centaur Media PLC
09 May 2017
9 May 2017
Centaur Media plc
AGM and Q1 trading update
For the quarter ended 31(st) 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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May 09, 2017 02:00 ET (06:00 GMT)
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