Media

Centaur Media reports 8% revenue growth to £32.7m as it also sees paid-for content revenue growth

By Stephen Lepitak | -

February 20, 2014 | 3 min read

Centaur Media has reported revenue growth of 8 per cent to £32.7m for its half year results.

The publisher of Marketing Week and owner of EConsultancy, posted the six month figures, ending 31 December, which also revealed a growth of 16 per cent in deferred revenue to £17.5m.

Its paid for content revenue grew by 9 per cent to £10.6m while its adjusted EBITDA also increased by 7 per cent to £3.1m.

Andria Vidler, CEO of Centaur, said:"We have a number of strong brands, deep content, a talented team and considerable technical expertise. We aim to be the first place customers turn for information and insight and to interact with their peers.

"To deliver this we are refocusing - using our own resources - and placing our audiences at the heart of everything we do. This will enable us to prioritise market facing and commercial initiatives, and to harness our combined strengths across the business to drive revenue generation and value creation.

"It is early days but I am increasingly optimistic about the Group's potential and the energy and enthusiasm of the team across the business to embrace these changes. We have made good progress in a very short time,” she added.

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Vidler took the post of CEO at the company in October of last year.

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