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Software & services

CentralNic on track for strong finish to 2021

"CentralNic has enjoyed a very strong first nine months of 2021"

CentralNic Group PLC (AIM:CNIC) reiterated its results for 2021 will be "comfortably" at the upper end of forecasts.

Results for the nine months to end-September were in line with an earlier trading statement, said the domain name platform operator, with revenues a shade higher than predicted at US$282mln, up 67% and underlying profit 46% higher at US$32.3mln.

Ben Crawford, chief executive, said: "CentralNic has enjoyed a very strong first nine months of 2021, across both our online presence subscription products and our privacy enabled online marketing technologies - achieving record organic growth of 29% for the year to date.

“The pipeline of future acquisition targets remains strong, and we are confident in continuing our trajectory towards joining the ranks of the global leaders in our industry."

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