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Interim Results

Communisis adjusted operating profits up

03 August 2017 09:58

Adjusted operating profits at Communisis increased by 10% to £8.5m in the six months to the end of June.

Revenue increased 6% to £186.0m with overseas revenue rising to 30% of the total - up from 24% in H1 2016.

Chief executive Andy Blundell said: "Solid progress continues at Communisis, notably on free cash generation and debt reduction.

"We are pleased to have reached positive outcomes on both our bank refinance and negotiations on the pension deficit, delivering certainty for the medium term. Trading expectations for 2017 are unchanged."

At 9:58am: (LON:CMS) Communisis PLC share price was +0.75p at 47.25p

Story provided by StockMarketWire.com

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