Sign in or Register | Newsletter
 
 



Register today to receive each issue absolutely FREE!


Event Sales Executive
Wimbledon

Head of Sales
Manchester

Exhibition Coordinator
South Bucks

Head of Exhibitor Sales
Silverstone Drive, Coventry

Event Senior Sales Executive
Wimbledon

Marketing Executive
Daventry, Northamptonshire



Richard Dove from Showplans Technology Group, explores the changing...

Event organisers are harnessing the power of telemarketing to...

Many organisers have dipped their toes in Africa’s water, the...

Darren Poultney, managing director of Smart AV, talks to EN about the...

Jamie Vaughan managing director EMEA of Eventbase tells EN how a...

The Halo Group’s Alistair Watson tells EN about the creative...

Chris Clipston, technical director at Circdata, shares with EN some...

Global in size, Agility’s regional director for Fairs and Events...

David Chalmers, marketing director, Europe at Cvent discusses the...

Kate Bishop at LOLA Event Staffing, shares her best practice on...

Exhibition News June 2015
June 2015

Read it online
now for free!

Centaur reports 6 per cent exhibition revenue growth
posted on: 15/9/2011 09:17:05
centaur full year resice

Centaur’s exhibition and events division reported a six per cent revenue increase to £15.7m in the year to 30 June 2011.
 
The division, which represented one-quarter of the organiser and publishing company’s top-line result, also reported adjusted pre-tax earnings of £2.3m. A key exhibition performer was Marketing Week Live, which saw a 24 per cent revenue rise and 31 per cent visitor increase compared with 2010.
 
Other division highlights included Centaur’s home interest exhibitions and Employee Benefits live. Event revenues meanwhile delivered 11 per cent growth driven by B2B events. Despite this, a £7.5m impairment charge left the division with a net loss of £6.4m.
 
Overall, Centaur Media confirmed a 14 per cent group revenue increase to £68.3m for the year to 30 June. The company’s pre-tax earnings also rose by 50 per cent year-on-year to £9.9m, while adjusted profit before tax increased by 63 per cent.
 
Centaur was restructured in June and divided into three core divisions: Business publishing, business information and exhibitions. The restructure saw the departure of long-serving exhibitions chief Calum Taylor, who has since been replaced as by ex-Brand Events MD Andrew Evans.
 
According to the group’s financial result, the restructuring programme impacted this year’s net result and adding a one-off £2.9m charge to its balance sheet. Centaur reported a pre-tax loss of £30.3m including a non-cash impairment charge of £32.2m.
 
"This is an encouraging set of results with adjusted profits, earnings and cash generation all significantly improved,” Centaur CEO Geoff Wilmot said. "We have restructured our business into three distinct operating units. We have made a number of senior management appointments. We have made small but important bolt-on acquisitions as well as disposals, as we optimise our portfolio.
 
“Centaur has acquired momentum and is well placed as a preferred provider of business information and services to our professional and commercial markets of choice.”
 
Got a news story for EN? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS

Eventopedia expands to Monte Carlo
posted on: 30/6/2015 15:40:19
Online marketplace for corporate meeting and event planners, Eventopedia, has announced the launch of its second destination, Monte Carlo.


Smart AV, part of The Incredible Pixel Group (IPG), has been appointed official AV supplier for the Farnborough International Airshow (FIA) for the fifth show running.


The Professional Convention Management Association (PCMA) has announced it will take its bi-annual PCMA Global Medical Meetings Summit to Scotland on 13-16 November 2015.


Showcase AVi has secured a new two-year contract with global organiser dmg events, to be the preferred supplier of AV equipment to their ad:tech London exhibition.


N200, a GES Global Company is continuing its support for education with a new university partnership to support Event Management Degree and Master’s Degree courses.