Manufacturing Industry
COMMUNISIS PLC - Trading Statement.
PR Newswire UK Disclose, December, 2006
14 December 2006
Trading update for the year ending 31 December 2006
Operational performance
The Group's Transactional Printing Services Division has performed well and is
ahead of market expectations in terms of revenues and profits. Our business
forms and direct mail activities are substantially in line with market
expectations from a profit perspective, although revenues are lower than
expected.
Our Print Management Services Division is experiencing difficult market
conditions with margin erosion. Certain contractual terms within a number of
larger contracts may bring price reductions before the year end and, in a few
cases these price reductions could be retrospective. The Board therefore now
considers it prudent to accrue against the implications of...
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