Communisis on track in 2012

Communisis, a company which provides marketing services, has said that full year trading in 2012 was in line with its expectations.

Communisis, a company which provides marketing services, has said that full year trading in 2012 was in line with its expectations.

The firm said Wednesday that its client-led international expansion has continued during the year with approximately 7.0% of total revenues derived from overseas sources in 2012 (2011: 4.0%).

At the year-end, net debt was in the region of £21m, compared to £24.7m at the same date the previous year.

In a statement the company said: "The group's pipeline remains strong and the new business that has already been secured, such as the recently announced contract awards by British Telecommunications and Nationwide Building Society, will contribute from early in 2013."

The share price rose 2.6% to 49.25p by 13:49.

NR

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