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Trading Update

15 Jan 2014 07:00

RNS Number : 6611X
Communisis PLC
15 January 2014
 



 

 

 

 

 

 

 

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

 

 

 

FTI Consulting

020 7831 3113

Matt Dixon / Lucy Delaney

 

 

 

Cenkos Securities

020 7397 8900

Ivonne Cantu / Alex Aylen

 

 

 

N+1 Singer

020 7496 3000 / 0113 388 4789

Sandy Fraser / Richard Lindley

 

 

 

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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