Centaur Media shares jump on strong revenues

Centaur Media shares jumped over 6% this morning on strong revenues.

The group has said that it expects to have revenues of at least £38.5m for the full year. Centaur Media ended the year with £13.1m, which was up from the £8.3m in 2020.

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 “In 2021, we introduced our Margin Acceleration Plan, MAP23, to drive profitable revenue growth for the business,” said chief executive, Swag Mukerji.

“I am pleased with the progress our brands have made with this strategy over the past  twelve months and both our Flagship 4 and Core Brands have seen strong trading performances. We  remain on track to hit our MAP23 targets.” 

Full-year results will be released on March 16.

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