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Annual Results

Communisis hikes divi

03 March 2016 08:00

Communisis saw a significant improvement across all key performance metrics in the year to the end of December.

Revenues rose to GBP354.2m from GBP343.0m - up 3% on a reported basis and 6% at constant currencies.

Adjusted operating profits rose to GBP18.3m - up 20% on a constant currency basis - margins improved to 7.6% from 6.9%.

The group reports a pre-tax profit of GBP17.3m against a loss of GBP13.2m last time and the dividend of 1.47p per share is up 10%.

Chief executive Andy Blundell said: "We have delivered an improvement across all key performance metrics during 2015. Adjusted operating margin moved further ahead and bottom-line profitability contributed to a doubling in free cash flow. Significant contract renewals and our new business pipeline will enable us to continue delivering growth, profitability and value in 2016."

At 8:00am: (LON:CMS) Communisis PLC share price was +1p at 44.25p

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