# CentralNic Group Broadening growth drivers

- Link: https://www.directorstalkinterviews.com/centralnic-group-broadening-growth-drivers/4121118627
- Published: 2023-05-16T08:07:58+01:00
- Author: Giles

**CentralNic Group** ([LON:CNIC](https://www.directorstalkinterviews.com/company/centralnic-group-plc/cnic.l))
Q1 revenue, Adjusted EBITDA, cash and net debt were all in line with the Q1 trading
update in April and the company outlook indicates this is continuing into Q2. We
expect growth in the remainder of the year to be boosted by its new partnership 
with Bing, new margin enhancing products and geographic expansion. We also see margins
expanding as revenues continue growing whilst expenses remain steady. We upgrade
our revenue forecasts based on a strong Q1 but conservatively keep our Adjusted 
EBITDA estimates unchanged.

[CentralNic – Q1 2023 results – 15 May 2023](https://www.directorstalkinterviews.com/wp-content/uploads/2023/05/CentralNic-Q1-2023-results-15-May-2023.pdf)
[](https://www.directorstalkinterviews.com/wp-content/uploads/2023/05/CentralNic-Q1-2023-results-15-May-2023.pdf)

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