Partner 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 .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people