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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
26th Feb 20071:23 pmPRNHolding(s) in Company
23rd Feb 200710:04 amRNSNotice of Results
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9th Nov 20064:09 pmPRNCapital Reorganisation
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25th Oct 20064:04 pmPRNEGM Statement
12th Oct 20069:00 amPRNDirectorate Change
26th Sep 200612:04 pmPRNStatement re Director's Dealings
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2nd May 20062:02 pmPRNTransfer of Production
21st Apr 200612:01 pmPRNResult of AGM
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20th Apr 20061:34 pmPRNTransaction in Own Shares
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12th Apr 20063:51 pmPRNDirector/PDMR Shareholding
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5th Apr 20063:48 pmPRNTransaction in Own Shares
5th Apr 20062:56 pmPRNBlocklisting
31st Mar 20063:17 pmPRNHolding(s) in Company
29th Mar 20069:34 amPRNStatement re Sale of Vacant Factory Property
23rd Mar 20064:55 pmPRNCorrection : Transaction in Own Shares
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23rd Mar 20063:16 pmPRNHolding(s) in Company
23rd Mar 20069:06 amPRNDocuments to UKLA
21st Mar 200612:26 pmPRNHolding(s) in Company
14th Mar 20061:16 pmPRNTransaction in Own Shares
14th Mar 20069:34 amPRNTransaction in Own Shares
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13th Mar 20064:22 pmPRNDirector/PDMR Shareholding
13th Mar 20064:22 pmPRNDirector/PDMR Shareholding
13th Mar 20064:15 pmPRNDirector/PDMR Shareholding
13th Mar 20064:13 pmPRNDirector/PDMR Shareholding
13th Mar 20064:09 pmPRNDirector/PDMR Shareholding
10th Mar 20062:31 pmPRNPurchase of Own Shares
9th Mar 200612:11 pmPRNStatement re Purchase of Own Shares

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