CentralNic continues impressive growth

Strong trading momentum continues at domain name and online marketing services provider CentralNic (LON: CNIC) and existing forecasts could be upgraded again later in the year if growth continues at current levels. A further boost to earnings is expected from a refinancing of the company’s bonds.

The growth is coming from the online marketing division where revenues jumped from $96.4m to $257.8m, although gross margin declined so there was a lower percentage increase in gross profit – althou...

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