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. 'Tradi...
Source: stockmarketwire.com