Centaur Media plc announced its interim management statement for the period from 1 July 2014, based on results for the four month period to 31 October 2014 and with commentary on trading up to 10 November 2014. Underlying revenues increased by 6% in the period, a significant improvement relative to the negative trends reported over the last 18 months. The aggregate rate of growth across paid-for content and live events revenues is now outstripping declines in advertising revenues. Net debt at 31 October 2014 was £17.2 million. Underlying deferred revenues at 31 October 2014 were £15 million, 17% ahead of the same period last year. Forward bookings across the exhibitions portfolio are 6% ahead of the same point last year, and annualised contract values in respect of the group's digital subscription revenues grew by 32%.

The Board is encouraged by the momentum across the business and anticipates trading for 2014 to be in line with its expectations.