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Interim Management Statement

29 Apr 2010 07:00

RNS Number : 9888K
Communisis PLC
29 April 2010
 



 

 

 

29 April 2010

Communisis plc

 

 

Interim Management Statement

 

 

Communisis plc (LSE: CMS), the expert in customer communication, today publishes its Interim Management Statement for the three months ended 31 March 2010.

 

Trading in the first quarter has met our expectations, and we continue to progress a number of new business opportunities.

 

Plans to re-purpose our Leeds Direct Mail business are on schedule. The Hewlett Packard high-speed colour digital platform was successfully commissioned within six weeks of delivery and customers are already seeing the benefit. This unique technology is changing the landscape in the Direct Mail market by enabling our customers to access personalised full-colour messaging at unparalleled output speeds. Consequently the planned removal of some legacy offset printing equipment has commenced. This will result in some restructuring costs before the half year with benefits being realised in future periods.

Finally the second phase of our project to restructure the Group's pension scheme is now underway. An update on progress will be provided at the time of our Interim results in August 2010.

 

 

For further information please contact:

 

Communisis plc

Andy Blundell

0113 277 0202

Financial Dynamics

James Melville-Ross / Ed Bridges / Matt Dixon / Nicola Biles

020 7831 3113

Brewin Dolphin

Richard Jones

0845 059 6740

 

 

Ends

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