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Centurion boost to Communisis profit.(Brief Article)

Print Week

| September 06, 2002 | COPYRIGHT 2002 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Communisis' new acquisition, Centurion Press, has already contributed to the group's growing profits.

For the six months to 30 June Communisis reported an 8% rise in pre-tax profits before goodwill and exceptional charges to pounds 13.2m, on sales down pounds 1m at pounds 124.5m. Print manager Centurion made an operating profit of pounds 686,000 on sales of pounds 11.43m in less than two months under Communisis' control, and is set to record annual growth of 15%.

However, Communisis' sales from continuing operations dropped 10% to pounds 113.1m, with dips in its direct marketing, document services, security products and colour solutions divisions. Operating profits were stable without Centurion's contribution.

Communisis has also been named as one of three suppliers for Barclays' marketing print requirements. The contract will be managed by c-store, its document management system, and chief ...

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