Investment Case

Centaur is an international provider of business information, training and specialist consultancy that inspires and enables people to excel at what they do within the marketing and legal professions.  

In recent years, Centaur has evolved to focus on the paid provision of business intelligence, consultancy, training and lead generation. In 2019, we completed a radical transformation plan to create a simpler, more efficient and more effective Centaur, comprising two business units – Xeim (excellence in marketing) and The Lawyer.  

Following this transformation, we have introduced our Margin Acceleration Plan 23 (MAP23), the aim of which is to raise revenues to at least £45m and EBITDA margins to 23% by 2023.  

Why invest in Centaur?  

• A clear and achievable medium-term strategy: Centaur’s transformation programme has made it a lean, efficient business. Through the MAP23 strategy, Centaur is well positioned to deliver resilient organic growth, with strong operating leverage and cash generation. 

• Proven strong and resilient brands primed for further investment: As part of MAP23, Centaur will focus investment and resource on the Flagship 4 brands. As Centaur’s key growth drivers, these four brands (Econsultancy, Influencer Intelligence, MW Mini MBA and The Lawyer) will receive investment in marketing and product development and digital capabilities.  

• High-quality revenues across well-adapted products: Transformation of portfolio and actions undertaken during Covid have improved the quality of Centaur’s revenue streams – a significant share of revenues is now generated from premium, higher margin products which adapted swiftly to the pandemic and are well positioned for the future.  

• Clear plans for organic revenue growth: Centaur will now look to target growing demand for data, insight and tools in business strategy and decision making across the marketing and legal professions – with an emphasis on cross-selling Xeim’s suite of products to enterprise clients to accelerate organic revenue growth. 

• A robust financial framework: Centaur has a robust balance sheet with total dividends paid in respect of  2022 of 6.1 pence per share.