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Edison Investment Research Limited: Centaur Media (LON:CAU): Initiation - Flagships lead the way

Retrieved on: 
Wednesday, January 27, 2021

Edison has initiated research on Centaur Media, noting that its shares are trading at a notable discount to its B2B media peers.

Key Points: 
  • Edison has initiated research on Centaur Media, noting that its shares are trading at a notable discount to its B2B media peers.
  • Under management's updated three-year plan, Centaur Media is expected to exceed revenues of 45m in FY23 on a 23% EBITDA margin, sitting comfortably with our FY22 forecasts.
  • After a significant transformation, Centaur Media is now an international provider of business information, focused on market intelligence and consultancy for the marketing and legal sectors.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.