Communisis – 47p

16 January 2013 – trading statement

The group has issued a positive trading statement for the year to 31 December 2012 ahead of its results announcement on 7 March.  Net debt at the year end was down to c. £21m (2011: £24.7m) and the current year will benefit from new contracts from BT and Nationwide Building Society.  Although the share price has moved ahead strongly, earnings per share for 2102 are forecast to be 5.5p and the shares are still GOOD VALUE.

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