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Centaur Releases Optimistic Trading Statement

Centaur Releases Optimistic Trading Statement

Specialist business publishing and information company, Centaur Holdings plc, has released its pre-close trading statement from the 6 months ending 31st December 2004, prior to its interim results, due to be released on 14th March.

The company states that its results for the six months ending 31st December 2004 are expected to be in line with expectations, with overall revenues for the company predicted to be 12% ahead year-on-year.

Centaur as a whole is expected to be up during the six month period, and up on the same period last year, despite the launch of new magazine, Finance Week. The company has also seen improvement in its margin and it is expected to achieve its medium term 20% margin target.

Overall Centaur has made good progress and the company enters the second half with confidence that the recovery from the seasonal factors and the initial start up cost of Finance Week will continue into the year and be reflected in the year’s full result.

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