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




Marketing and event specialist, UKFE tells EN how its inaugural...


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...

Exhibition News July 2015
July 2015

Read it online
now for free!

Centaur highlights strong Marketing Week Live result in latest report
posted on: 13/7/2012 08:58:09
centaur trading update

Centaur has highlighted a 23 per cent revenue rise on this year’s Marketing Week Live in its latest year-end trading update.
 
The events and publishing company said it expects to report profits in line with board expectations for the year to 30 June 2012, with underlying and adjusted revenue two per cent ahead year-on-year. Pre-tax margin is also expected to have increased from 14 to 18 per cent.
 
Centaur said trade over the past two months had been in line with forecasts, and highlighted the double-digit growth on Marketing Week Live as well as strong underlying growth rates across its broader events portfolio. Digital revenues were also on the rise and now represent 30 per cent of overall revenue, up from 26 per cent in 2011.
 
Deferred revenues of £11m are 20 per cent ahead of the same period last year, while net debt was lower than anticipated at £7.2m. Full-year results are due to be released on 13 September.
 
Centaur also used the trading statement to confirm completion of its acquisition of digital marketing information provider Econsultancy for £12m.
 
“Financial Year 2012 [FY12] has been a significant year of change for Centaur, culminating in the recently completed acquisition of Econsultancy,” chief executive Geoff Wilmot said. “Our revenue mix has improved significantly, with a notable increase in the proportion of digital revenues.
 
“At the same time, we have delivered underlying revenue growth despite difficult trading conditions and have secured a significant improvement in margins. We look forward to building on this performance in FY13 and delivering the full benefits of our recent acquisitions.”
 
Got a story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS

N200 has launched a new app to give users mobile access to its popular event analytics platform Visit Intelligence.


Manchester Central has achieved the international standard for quality management systems, ISO 9001.


Countdown to Sticky Wicket 2015
posted on: 2/7/2015 11:05:18
Events industry website supplier ASP has stepped up to the crease to support charity cricket match Sticky Wicket for 2015.


EN Race Day - panellists announced
posted on: 2/7/2015 10:43:31
The first two panellists have been revealed for EN Race Day, with the 2015 edition set to return to Sandown Park on 16 September.


Eventopedia links up with DoubleDutch
posted on: 1/7/2015 13:07:36
Online platform Eventopedia has teamed up with event app provider DoubleDutch to share insight and promote events intelligence for the benefit of event planners, PA’s, marketers and corporate communications professionals around the globe.