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Software & services

CentralNic among FT's fastest-growing companies in Europe

CentralNic Group PLC (AIM:CNIC) has been highlighted as one of Europe's fastest-growing companies for the second year in a row as part of the Financial Times' FT 1000 report.

The online marketing and domain name specialist was in the top-250 fastest-growing companies in the report, among the top-50 fastest-growing Technology companies in Europe.

CentralNic has enjoyed a compound growth rate of 78% over the nine years since its AIM initial public offer, lifting revenues from US$4mlkn to over US$700mln.

The FT report, in conjunction with Statista, highlights 655% absolute growth and 196.2% compound annual rate.

Chief executive Michael Riedl said: "We are delighted to see that CentralNic Group has been recognised for the second year in a row among Europe's fastest-growing companies. The Company's market-leading online marketing solutions have contributed to our strong organic revenue growth between 2020 and 2021, which further accelerated in 2022."

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