Centaur upbeat on 2015 outlook

Oliver Smith
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ES of business publisher Centaur Media rose yesterday after the group said the next six months would see “much stronger performance” for the firm.

Centaur reported a significant improvement in trading during the four months to 31 October, with a six per cent jump in underlying revenues during the period.

“We are confident of delivering a much stronger performance in the second half of 2014. This reflects a combination of the operational changes and efficiencies implemented across the business earlier in the year and a sharper focus on the markets that we serve,” said chief executive Andria Vidler.

“Trading over the last four months has been encouraging and with an improving rate of growth, the outlook for 2015 is increasingly positive.”

Centaur’s shares rose 1.31 per cent yesterday following the interim management statement, to close at 58p in London.