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Unit 6 The Enterprise Centre
Kelvin Lane, Crawley,
RH10 9PE

2nd August 2015

Centaur Media Reveals Half Year Results

Underlying revenue for Centaur Media has grown by 3% year on year, according to its half year results.


Underlying revenue for Centaur Media rose to £36.8M in the first half of 2015, according to the publishing company's half year results.

The operating profit for the company was also up 8% to £6.1M.

These figures do not include the impact from the sale of Perfect Information and discontinued events.

Revenue comprised of £14.7M from live events, £9.9M from paid-for content, £11.7M from advertising and £0.5M from other sources.

Centaur Media broke down its results into four divisions: Financial Services, Marketing, Professional and Home Interest.

Operating profit for the Financial Services division, which includes the title Money Marketing, was recorded at £1.3M while the Marketing division recorded an operating profit of £2.2M.

The Marketing division publishes titles include Marketing Week magazine.

The Engineer is one of the titles published by Centaur Media's Professional division, which recorded an operating profit of £1.6M.

The Home Interest division, which includes Period Living and Real Homes, recorded an operating profit of £1M.

 

 

"In the first six months of 2015, we have continued to build on the initiatives that we introduced through 2014. Momentum in digital paid-for content revenues remains strong, our exhibitions have performed well with encouraging forward bookings, and advertising revenues have stabilised. While it is still early in the booking cycle for live events running later this year, we are looking forward to the second half of 2015 with confidence." said Andria Vidler, chief executive.
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