13th Nov 2014 09:04
LONDON (Alliance News) - Communisis PLC Thursday maintained its expectations for its full year, as it saw the "significant" revenue growth it reported in its first half continue into the third quarter.
The company said in its third quarter to end-September revenue growth was driven by new contracts with Lloyd Banking Group PLC, recent acquisitions in its design business, and further geographic and client expansion in it deploy division.
It said that whilst the mix of contribution varied between its business segments, it has a strong sales pipeline.
"There are substantial new business opportunities across the Group as our clients adapt to changing consumer markets. Communisis continues to take advantage of these opportunities to deliver consistent, profitable growth and strong operating cash flow," said Chief Executive Andy Blundell in a statement.
Shares in Communisis are trading up 5.5% at 57.25 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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