Centaur Media plc announced interim management statement for the period from 1 July 2012 to 13 November 2012. Reported revenues across the Group increased by 14% in the period with EBITDA margins continuing to benefit from recent restructuring initiatives, including those completed in the past four months. The Group continues to build strong momentum in growing digital and events revenues, which accounted for 38% and 30% of total revenues in the period, up from 32% and 22% in the same period last year. Operating cash out flow in the four months to 31 October 2012 was lower than in the same period last year. Deferred revenues at 31 October 2012 were £13 million, 30% ahead of the same period last year.

With earnings and cash flows heavily weighted towards the second half of the financial year, the Group expects the ratio of net debt to EBITDA to reduce by 30 June 2013.