Publisher and event organiser Centaur Media reported underlying revenue growth of 9% after a robust performance from all three divisions, as it trades in line with company expectations.
The group, which publishes the Lawyer and Marketing Week, said underlying print, digital and events revenues were up 2%, 15% and 23% respectively.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It added that restructuring benefits are being delivered while recent acquisitions are now fully integrated and performing well.
Chief executive Geoff Wilmot commented, "We are very encouraged by the strong start to the year, with the benefits of the restructuring programme implemented this summer seen across the Group. While the economic environment remains uncertain, all three divisions are growing well, recent acquisitions are performing well and there is a strong pipeline of potential acquisitions.
"Overall, the group is trading in line with our expectations for the current financial year."
--
cj
-
1.9 million owed £240 million in unclaimed energy credit – are you due a payout?Energy regulator Ofgem is urging home movers to check if they’ve got credit stuck in old accounts
-
More pensioners dragged into 60% tax trap – could you be caught?Frozen thresholds are pushing more older workers into paying income tax at levels much higher than the headline rate, new figures show. We look at why and how you can avoid being caught in the 60% tax trap.
