RNS Number : 3394L
Centaur Media PLC
09 January 2009
 



 9 January 2009



Centaur Media plc

("Centaur" or "the Group")


HALF YEAR TRADING STATEMENT




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Centaur Media plc (notes i & ii), the specialist business publishing and information company, today issues a trading statement prior to its interim results announcement, which is scheduled for 27th February 2009.  


As indicated in our interim management statement on 14th November 2008, trading conditions in the first half of this financial year have been difficult and since then, we have experienced some further deterioration in trading during November and December. However as a result of cost savings we expect our profits in the first half of the financial year to be in line with the Board's expectations. In addition the Company has a strong balance sheet with positive net cash at 31st December 2008 also in line with expectations.


Visibility of future market conditions remains poor, but the Board is confident that the fundamental strengths of the Group will continue to provide resilience during the present period of economic weakness and give a foundation for strong growth as our markets recover.



 

Enquiries:


Centaur Media plc


Geoff Wilmot

Mike Lally


Tel: 020 7970 4000

Gavin Anderson & Company


Robert Speed

Janine Brewis


Tel: 020 7554 1400



Notes 



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