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Interim Results

Communisis adjusted operating profits up

30 July 2015 08:07

Personalised customer communication services provider Communisis reports a strong growth in profitability, operating margin and earnings per share in the six months to the end of June driven by enduring client relationships and higher margin services.

Revenues rose to £174.6m - up 3% on a reported basis and 6% at constant currencies. Adjusted operating profits rose to £7.2m from £6.1m - up 25% at constant currencies - on margins of 6.0% compared with 5.2% last time.

Chief executive Andy Blundell, said: "The growth momentum at Communisis continues, driven by our focus on enduring client relationships and higher margin services.

"Looking ahead, supported by a strong pipeline of opportunities, the Board is confident about the Group's prospects for the remainder of the year." Communisis also announced that it has appointed Liberum Capital Limited as sole corporate broker with immediate effect.

At 8:07am: (LON:CMS) Communisis PLC share price was +2.5p at 52.5p

Story provided by StockMarketWire.com

Related Company: CMS

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