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Trading Update

18 Jan 2011 07:00

RNS Number : 6136Z
Communisis PLC
18 January 2011
 



 

18 January 2011

 

Communisis plc

 

("Communisis" or the "Company")

 

Trading Update

 

 

Leading marketing services provider ("MSP") Communisis plc (LSE: CMS) today issues the following update on trading for the year ended 31 December 2010.

 

Communisis confirms that the full year's trading was in line with management expectations. Both Communisis' Intelligence Driven Communications ("IDC") and Specialist Production and Sourcing ("SPS") service lines have shown good momentum during the second half, with solid commercial progress made by the sales team in developing and monetising the Company's MSP go-to-market model.

 

This progress can be seen in new long-term agreements signed during the period, which extend Communisis' presence in key target markets. Communisis has been re-appointed by The Post Office to source and provide a range of services including the provision of IT and stationary consumables to the Post Office's nationwide network of 11,500 branches. In addition an exclusive partnership agreement has been signed with Liberata, one of the UK's leading providers of Business Process Services to local and central government. This contract valued at over £2m per annum, will see Communisis provide Liberata and more than ten of their local authority and UK Government clients, with a platform for the production of Revenue and Benefits Statements, Payroll Services and Council Tax Billing. Both of these agreements will run for five years, and complement the successful contract extension secured with Barclays for a range of MSP offerings up to December 2015.

 

Alongside these developments, Communisis has continued to implement successfully the restructuring and investment initiatives as outlined on 19 November 2010, and has ordered a second state-of-the-art T300 web press from Hewlett Packard to go-live in Leeds in the second quarter of 2011. This investment will further enhance the Company's capability to produce high volume personalised direct mail in support of its customer segmentation strategy.

 

The restructuring plans highlighted in our strategic update issued on 19 November 2010 are on schedule to realise the expected financial benefits.

 

Communisis will announce preliminary results for the year ended 31 December 2010 on 3 March 2011.

 

 

For further information please contact:

 

Communisis plc 0113 277 0202Andy Blundell / Peter King

 

Financial Dynamics 020 7831 3113

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

 

Brewin Dolphin 0845 213 1000

Sean Wyndham Quin / Mark Brady

 

 

About Communisis

Communisis is a UK leading marketing services provider, specialising in helping customers make their communications processes more profitable. It helps to reduce costs and improve the effectiveness of the whole business process of customer communications.

 

Through its proven experience and scale, it works with clients to transform their customer communications processes by enhancing and deploying customer data; providing technology to automate and streamline workflows; and have world-class production capabilities that can output via print and electronic channels.

 

Ends

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTGGUMCGUPGGQM
Date   Source Headline
30th Apr 200911:20 amPRNResult of AGM
29th Apr 20097:00 amRNSContract Win & Award
20th Apr 20094:40 pmRNSSecond Price Monitoring Extn
20th Apr 20094:35 pmRNSPrice Monitoring Extension
15th Apr 200912:06 pmPRNHolding(s) in Company
6th Apr 20091:05 pmPRNDirector/PDMR Shareholding
2nd Apr 20094:03 pmPRNAnnual Information Update
27th Mar 20094:56 pmPRNDoc re Annual Report & Accounts, Notice of AGM
26th Mar 20094:58 pmPRNHolding(s) in Company
25th Mar 20094:41 pmPRNDirector/PDMR Shareholding
23rd Mar 20094:04 pmPRNDirector/PDMR Shareholding
19th Mar 20094:32 pmPRNDirector/PDMR Shareholding
18th Mar 20094:42 pmPRNDirector/PDMR Shareholding
26th Feb 20097:00 amRNSFinal Results
12th Feb 20095:17 pmRNSNotice of Results
21st Jan 20095:01 pmPRNHolding(s) in Company
15th Jan 20093:43 pmPRNHolding(s) in Company
8th Jan 20094:42 pmRNSSecond Price Monitoring Extn
8th Jan 20094:36 pmRNSPrice Monitoring Extension
31st Dec 200812:36 pmRNSPrice Monitoring Extension
23rd Dec 20084:59 pmPRNDirector/PDMR Shareholding
22nd Dec 20083:30 pmRNSAcquisition
22nd Dec 200810:43 amPRNHolding(s) in Company
19th Dec 20087:00 amRNSYear end trading update
16th Dec 20084:35 pmRNSPrice Monitoring Extension
12th Dec 20084:36 pmRNSPrice Monitoring Extension
24th Nov 20084:54 pmRNSSecond Price Monitoring Extn
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18th Nov 20084:47 pmRNSSecond Price Monitoring Extn
18th Nov 20084:37 pmRNSPrice Monitoring Extension
6th Nov 200811:52 amPRNHolding(s) in Company
29th Oct 20087:00 amRNSInterim Management Statement
9th Oct 20085:18 pmRNSRe Block Listing Application
3rd Oct 20089:59 amPRNDirector/PDMR Shareholding
2nd Oct 20084:24 pmPRNDirector/PDMR Shareholding
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2nd Oct 20084:12 pmPRNDirector/PDMR Shareholding
2nd Oct 20084:09 pmPRNDirector/PDMR Shareholding
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1st Oct 20082:15 pmPRNDirector/PDMR Shareholding
29th Sep 20089:36 amPRNDirector/PDMR Shareholding
11th Sep 20082:24 pmPRNHolding(s) in Company
27th Aug 20087:00 amRNSInterim Results
29th Jul 20083:14 pmPRNHolding(s) in Company
1st Jul 20087:00 amRNSCompletion of Disposal
30th Jun 20082:36 pmRNSResult of EGM

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