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January 13, 2012

Revenue up 4 per cent at Centaur Media

By Andrew Pugh

Centaur Media expects to report a 4 per cent rise in year-on-year revenue in the second half of 2011, according to a trading update issued by the company this morning.

The group, which publishes titles including The Lawyer, Money Marketing and Marketing Week, also expects to report EBITDA (earnings before interest, taxes, depreciation, and amortization) margins up from 4.5 per cent in the second half of 2010 to 6.5 per cent in 2011.

While November 2011 revenues were weaker year on year, it expects digital revenues to show strong underlying growth and print revenues to remain flat.

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