Centaur Media says outlook uncertain

9th Jul 2009 08:35

Business publisher Centaur Media said trading since its last update in May has remained broadly unchanged but the outlook for its markets is uncertain.The publisher of Money Marketing and The Lawyer said it does not expect any material change in trading conditions during the first quarter of the new financial year."The group is well positioned to take advantage of any recovery as a result of core strengths including a portfolio of market leading brands, organic growth culture and strong balance sheet," it said in a statement. Centaur said it has slashed £10m in costs from the business in the year to June 30. It reports full year results 17 September.