Stock data
| Market cap. | £43m |
| Last close | 31.00p |
| High / Low (52 weeks) | 39.8p / 23.8p |
| Stock market listing | LSE |
| Forecast net debt (£m) | 22.7 |
| Forecast gearing ratio (%) | 17 |
| Team | Consumer |
| Sector | Consumer Support Services |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (3.13) | (13.89) | (3.13) |
| Relative * | 1.63 | (6.82) | 6.46 |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (£m) | EBITDA (£m) | PBT (£m) | EPS (fd) (p) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 193.2 | 14.7 | 6.1 | 3.1 | 10.0 | 4.7 |
| 2011A | 208.3 | 15.9 | 9.0 | 4.6 | 6.7 | 4.9 |
| 2012E | 225.0 | 18.1 | 10.2 | 5.8 | 5.3 | 3.4 |
| 2013E | 228.9 | 19.0 | 10.6 | 6.0 | 5.2 | 2.6 |
Last updated on 17/04/2012
Latest research
Q1 IMS – nicely on track
Update | Consumer Support Services | 03/05/2012
All-round progress
Update | Consumer Support Services | 08/03/2012
Progress against plan
Flash note | Consumer Support Services | 25/10/2011
Recovery gathers pace
Update | Consumer Support Services | 29/07/2011
On track for H1 profit rise
Flash note | Consumer Support Services | 21/04/2011
Strategy drives growth
Outlook | Consumer Support Services | 08/03/2011
All about targeting
QuickView | Consumer Support Services | 27/08/2010
Targeted profit
QuickView | Communisis | 30/06/2009
Paper cuts
Company Comment - Full year results | Communisis | 28/02/2008
Investment summary
Despite caution on the larger economy, Communisis is pleased with Q1 trading and confident about the rest of the year, based on benefits from good order books, new contract wins, investment in digital, acquisitions and cost cutting. The shares have performed well (up 29% ytd) but remain modestly rated relative to the support services sector and the company’s NAV. Our full-year forecasts are unchanged.
Last updated on 03/05/2012
Industry outlook
Macroeconomic uncertainties may affect discretionary marketing spending, which is a large part of Communisis's revenue. However, the shift to digital in this market continues, driven by precision marketing and the demand for insight, eg Gartner expects digital strategies to influence 80% of US consumer's discretionary spending by 2015. Communisis's data-led marketing services strategy is in line with these trends.
Last updated on 23/04/2012
Key management
| Andy Blundell, CEO |
| Nigel Howes, FD |
Company address
| Wakefield Road Leeds LS10 1DU United Kingdom View website |
