Clare Burnett

Member Article

Leeds’ Communisis posts impressive results after overseas boost

Leeds marketing firm Communisis plc, has reported impressive preliminary results for the year ended 31 December 2014.

Turnover is reportedly 27% ahead at £343 million (2013 £270.1 million) and overseas revenues grew by 36% to £66.5 million (2013 £48.9 million) and are now over 19%, close to the Group’s medium-term target of 20%.

Over the year, Communisis has invested over £40 million in the design segment. Exceptional items which cost the company £24.7 million (2013 £3.5 million) were related to restructuring, pension projects and acquisition activity.

Chief executive, Andy Blundell, said: “Communisis has delivered another substantial improvement in adjusted operating profit and an average annual growth rate of 20% over a five year period.

“2014 has been a successful year during which we have built and launched a new digital agency, continued to win important contracts for outsourced customer communication services and expanded rapidly overseas.”

This was posted in Bdaily's Members' News section by Clare Burnett .

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