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Centaur Media narrows losses on lower costs; resumes dividend | 17 March 2021


17 March 2021 | 09:18am
StockMarketWire.com - Centaur Media resumed its dividend after reporting narrowed losses as lower operating expenses offset a fall in revenue.
For the year ended 31 December 2020, pre-tax losses narrowed to £2.6 million from £8.1 million year-on-year while revenue fell 18% to £32.4 million.
The company recorded an £11 million writedown relating to the closure of its marketmakers business.
Operating expenses fell to £34.7 million from £49.0 million.
Centaur resumed its dividend and proposed a final dividend of 0.5p per share for the 2020 financial year.
Trading for the first two months of 2021 is in line with the board s expectations and cash at the end of February 2021 was £8.2m, the company said. ....

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Detailed text transcripts for TV channel - MSNBC - 20130502:11:01:30

Detailed text transcripts for TV channel - MSNBC - 20130502:11:01:30
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