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'Our growth is very encouraging' - CentralNic's Ben Crawford

Ben Crawford, chief executive of CentralNic Group Plc (LON:CNIC) runs through the firm's full year results to December 2016.

Revenues increased by 113% to £22.12mln for the year, up from £10.39mln the year before.

The financials were boosted by their acquisition of domains rival Instra, which completed in January 2016 and delivered some £10.28mln of additional revenue and £2.21mln of earnings.

Quick facts: Centralnic Group PLC

Price: 86.02 GBX

LSE:CNIC
Market: LSE
Market Cap: £162.44 m
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CentralNic Group PLC set to double in size with KeyDrive acquisition

Ben Crawford, chief executive of CentralNic Group PLC (LON:CNIC), tells Proactive's Andrew Scott they've entered into a conditional agreement to acquire the entire share capital of KeyDrive. The initial consideration is US$35.8 million, representing an enterprise value of US$44.5 million,...

on 16/7/18

2 min read