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(Alliance News) - Centaur Media PLC on Wednesday reported doubled annual profit as revenue climbed.
The London-based business information, training and specialist consultancy provider reported a pretax profit of GBP2.8 million for 2022, doubled from GBP1.4 million in 2021.
Revenue grew 6.4% to GBP41.6 million from GBP39.1 million, and in line with Centaur's own expectation of revenue of at least GBP41 million. The company's adjusted earnings before interest, tax, depreciation and amortisation margin improved to 20% from 16%, having been expected to be above 19.5%.
Centaur declared a final dividend of 0.6p per share, up from 0.5p a year ago, putting the total dividend to 6.1p, multiplied from 1.0p in 2021.
Looking ahead, the company said it is on track to meet its objectives despite the uncertain macroeconomic outlook. It added that the year started trading in line with board's expectations.
Centaur Media shares were 1.1% lower at 51.95 pence each in London on Wednesday afternoon.
By Tom Budszus, Alliance News reporter
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