PRINTING group Communisis has issued a profits warning after admitting that "challenging market conditions" are continuing to affect its business.

In a trading update following the end of its half year on June 30, the Leeds-based group said that its bigger customers have delayed decisions on its higher margin services such as data analysis projects, business change initiatives, cheque rebranding and personalised marketing campaigns.

Its shares fell by, 2.75p - more than 12% - last night to 19.5p.

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