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
-
Zoopla: Property tax speculation creates uncertainty for a third of home buyersProperty tax rumours could impact homes valued at over £500,000, potentially triggering a housing market slowdown, Zoopla has warned
-
Is the Financial Conduct Authority really contacting you? How to spot a scamFraudsters are impersonating the City watchdog to steal money from older people. Here is how to spot the scammers.
