Centaur Media sees events revenue slide by over a quarter

Centaur Media's event division saw a 27% drop in event revenues in the last six months of 2009, compared with the same period in 2008.

Centaur Media sees event revenue slide by over a quarter
Centaur Media sees event revenue slide by over a quarter

The figures, which show a fall to £4.8m, include a number of events that were not repeated in the same timeframe, but on a like-for-like basis event revenues were still 14% below 2008.

Centaur Media Group as whole saw a loss before tax of £1.7m, reflecting the tough time many media groups have had in the last 18 months.

The firm's financial statement did offer some hope, though: "While these results continue to reflect weakness in our served markets we have seen a steady moderation in the rate of decline over the period with a 15% revenue reduction during the final two months," said the company's statement.

Centaur Exhibitions include the Business Travel Show, Employee Benefits Live and Marketing Week Live.

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