21st Apr 2011 07:00
21 April 2011
Communisis plc
("Communisis" or the "Group")
Interim Management Statement
Communisis plc (LSE: CMS), the leading marketing services provider ("MSP"), is pleased to issue its Interim Management Statement for the first quarter ended 31 March 2011.
The Group's overall performance during the period has continued to plan and the management team's expectations for Group results for the half year remain unchanged.
As stated in our Preliminary Results announcement on 3 March 2011, the current uncertain economic environment has had some influence on the short term behaviour of marketeers. Demand in certain higher margin areas of our Specialist Production and Sourcing ("SPS") segment, particularly in Transactional - Statements and Cheques, has been stronger than expected. At the same time Intelligence Driven Communications ("IDC") has experienced a slower than anticipated start to the year in some areas such as Data and Creative Services. We expect the relative contribution to Group performance of SPS and IDC to return to normalised levels in the second quarter.
We anticipate making further updates on contract renewal and business development through the second quarter of the year.
We are also pleased to confirm that the installation in Leeds of our second T300 high speed colour digital press has been completed on schedule and has already commenced live production. This technology sits at the heart of our strategy to take advantage of the trend toward more personalised, digitally-produced targeted mailings and we are proud of the technological lead we continue to hold in this area.
The Board is confident that Communisis' go-to-market MSP positioning, combined with the Group's operational scale and breadth is playing an important role in helping the Group continue to capture profitable new business across both segments in this competitive, dynamic environment.
For further information please contact:
Communisis plc 0113 277 0202
Andy Blundell / Nigel Howes
Financial Dynamics 020 7831 3113
James Melville-Ross / Ed Bridges / Matt Dixon / Clare Thomas
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.
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