Centaur media reduces its 2015 interim dividend by 12%

DividendMax Ltd.

Centaur media reduces its 2015 interim dividend by 12%

Operational and financial highlights

Underlying growth in revenues and adjusted operating profits of 3% and 8% respectively

Operating structure continues to deliver efficiency benefits with adjusted operating margin guidance for 2015 at 15%

Continuing strong growth in digital paid-for content revenues, with underlying revenues +26%

Advertising revenues stable with digital advertising at +18%

Live events underlying revenues +2%

o Exhibitions portfolio performed well - revenues up by 5% and H2 forward bookings +29%

o Performance across smaller live events disappointing, with revenues 5% lower

Financial Services revenues stable following 12% decline in the year ended 2014

Interim dividend of 1.5p, in line with guidance

New banking facilities in place on improved terms

Companies mentioned