Centaur Media PLC Trading Update (7053C)
January 24 2018 - 2:00AM
UK Regulatory
TIDMCAU
RNS Number : 7053C
Centaur Media PLC
24 January 2018
Centaur Media plc
Incorporated in England and Wales
Registration number: 04948078
LEI: 2138005WK87G7DQRQI62
ISIN: GB0034291418
24 January 2018
Centaur Media plc
("Centaur" or the "Group")
Year end trading update
Notice of analyst and investor seminar
Centaur Media Plc (LSE: CAU), the business to business
information, insight and events group, today announces a trading
update for the year ended 31 December 2017.
Year end trading update
The Group continues to make both operational and financial
progress and remains on track for its full year expectations. The
year has seen substantive development across the Group towards its
objective of being a leading B2B media and marketing services
group. Some highlights include:
-- Successful reshaping of the portfolio with two strategic
transactions - the acquisition of MarketMakers and the sale of Home
Interest; MarketMakers, an important addition to the Group, is now
fully integrated and has performed well. The post-sale separation
of Home Interest was completed smoothly
-- Our flagship event, The Festival of Marketing, had a record number of attendees
-- Ongoing improvement in revenue mix
-- Material improvement in both cash collection and debtors' days
-- Continued progress with the operational improvement
programme, resulting in increased efficiencies and reduced
costs
-- Management continue to assess potential strategic acquisition opportunities
-- Appointment of Neil Johnson as Chairman, effective 3 January 2018
Analyst and investor seminar
On 21 February 2018, Centaur Media will host an afternoon
seminar for analysts and investors. The seminar will be held at
Olympia London where The Business Travel Show, Europe's largest
specialist event for business travel professionals and one of
Centaur's flagship events, is taking place.
The seminar will focus on MarketMakers, the UK's leading B2B
integrated marketing services business. It will consist of
presentations and demonstrations by executive and operational
management on MarketMakers itself and how it fits within the
broader Centaur Media Group.
Further details will be provided in due course. If you would
like to attend the seminar then please contact
centaurmedia@tulchangroup.com
Preliminary results
Centaur Media will announce its preliminary results for the year
ended 31 December 2017 on Wednesday 21 March 2018.
-Ends-
Enquiries
Centaur Media plc
Andria Vidler, Chief Executive 020 7970 4000
Swag Mukerji, Chief Financial Officer
Tulchan Communications
James Macey White 020 7353 4200
Elizabeth Snow
Note to editors
Centaur Media is an award-winning UK-based multi-platform
content group that inspires and enables people to excel at what
they do, raising the standard for market insight, interaction and
impact.
Leading brands include: Econsultancy, Marketing Week, Festival
of Marketing, Creative Review, Celebrity Intelligence, Fashion
& Beauty Monitor, Oystercatchers, MarketMakers, Money
Marketing, Platforum, The Lawyer, Employee Benefits, The Engineer,
Subcon, The Business Travel Show and The Meetings Show.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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