Centaur profits down 10 per cent but recovery underway

first_img Show Comments ▼ Tags: NULL KCS-content Centaur profits down 10 per cent but recovery underway Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo Share whatsapp whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comPuffer fish snaps a selfie with lucky divernypost.com Thursday 16 September 2010 8:08 pm CENTAUR Media, the specialist magazine publisher behind titles such as The Lawyer and Marketing Week, yesterday reported a 10 per cent drop in pre-tax profit for the full-year to 30 June. The publisher said it had been hurt by a fall in advertising revenue but added that it had returned to growth in the second half of the year and expected the recovery to continue into next year. For the full-year, the company reported adjusted pre-tax profit of £4m, compared with £4.4m the year before. Revenue for the year also fell 10 per cent to £59.9m. However, in the fourth quarter revenue rose 14 per cent, the company said. Centaur’s revenue comes from advertising (£29.4m), events (£17.3m) and paid-for content (£12.5m) with £0.7m coming from other sources.The publisher also admitted it had axed one in five staff in the last two years admitting the last eighteen months had been “particularly difficult.” Geoff Wilmot, chief executive of Centaur said: “I am pleased to report that Centaur revenues returned to growth in the second half and that recovery is continuing into the new financial year.”Centaur’s share price closed one per cent lower on the news to 47.5p. Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead Morelast_img