This Blog

Syndication

Printer’s Devil – it’s in the detail

Communisis costs clarity is welcome move

Good to see Communisis CEO Andy Blundell has streamlined the way the group reports its results, providing additional clarity in the process by doing away with the old ‘central costs' line that so irked me.

Looking at the restated 2009 figures using the new segmentation into Intelligence Driven Communications and Specialist Production & Sourcing, the corporate costs line is now just under £4m, meaning that circa £6m of other costs have been more accurately allocated in the restated figures and will be in the future, which surely has to be a good thing. Maybe those stellar margins of 25%-plus for tech services won't be quite so stellar in future, but they will be realistic.

I must try and get hold of a campaign or two produced on its HP T300 inkjet web, too. This has been up and running for a couple of months now and has produced ‘several' live jobs for clients. I'm intrigued to see what sort of work it's producing, and how much variable content there is in it.

The City seemed fairly warm about the news, and the accompanying trading update, as there was a veritable leap in Communisis' share price of 6.67% to 24p.

Published Jul 07 2010, 07:56 PM by Jo Francis
Filed under:

Comments

 

Print industry news roundup | Popular bags said:

Pingback from  Print industry news roundup | Popular bags

October 6, 2010 6:09 AM

About Jo Francis

Jo Francis has worked in print-related businesses for more than 25 years. Along the way she has been a typesetter, a screen printer, a technical and customer support pre-press specialist, a communications consultant, and an editor. She is a former editor-in-chief of PrintWeek magazine and is currently associate editor of Haymarket's print titles.