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15 Jan 2014 07:00
15 January 2014
Communisis plc
("Communisis" or the "Group")
Trading Update
2013 Trading in line with the Board's expectations
Leading provider of personalised customer communication services, Communisis plc (LSE: CMS) issues its trading update for the year ended 31 December 2013.
Trading for the full year was in line with the Board's expectations and the Group continued to make good progress toward its strategic goals. In particular, the Group's client-led international expansion has accelerated during the year and Communisis expects to have derived about 18% of its total revenues from overseas sources in 2013 (2012 7%).
The Group's pipeline remains strong and contract wins previously announced, such as that with Lloyds Banking Group for the outsourcing of transactional communications, are now fully live and will contribute on a full year basis in 2014.
Net debt at 31 December 2013 was lower than expectations at approximately £25m.
Communisis will announce its preliminary results on 6 March 2014.
For further information please contact:
Communisis plc | 020 7382 8952 |
Andy Blundell / Nigel Howes |
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FTI Consulting | 020 7831 3113 |
Matt Dixon / Lucy Delaney |
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Cenkos Securities | 020 7397 8900 |
Ivonne Cantu / Alex Aylen |
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N+1 Singer | 020 7496 3000 / 0113 388 4789 |
Sandy Fraser / Richard Lindley |
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About Communisis
Communisis is a leading provider of personalised customer communication services that specialises in helping clients communicate with their customers more effectively and more profitably in fast-changing markets.
Communisis has a reputation for production excellence and innovation and is trusted by many leading, consumer facing brands to design, produce and deploy multi-channel personalised customer communications accurately, securely, reliably and at scale.
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