http://tangentplc.com/

Tangent Communications plc provides marketing platforms and services in the United Kingdom and internationally. It operates in two segments, Digital and Print. The Digital segment creates and delivers marketing strategies; and offers digital marketing solutions, including customer relationship management and digital communications for business-to-business, leisure, and luxury sectors. This segment provides its services under the Tangent Snowball brand. The Print segment offers design, print, and support services; and operates printed.com, an e-commerce sales channel for buying printed products comprising leaflets and flyers, brochures, business cards, presentation folders, postcards, greeting cards, posters, banners, calendars, stickers, and other documents for micro-businesses, small and medium enterprises, and consumers. The company also offers software platforms, including TaoShop that provides open source e-commerce for retailers; and TaoMAP, a sales and marketing automation software for enterprises. Tangent Communications plc is headquartered in London, the United Kingdom.



Not invested in this company at present

RNS
RNS Number : 6351Z
Tangent Communications PLC
11 March 2013



Tangent Communications PLC



PRINTED.COM PARTNERS WITH AVIOS AND BRITISH AIRWAYS EXECUTIVE CLUB TO OFFER AVIOS THROUGH ITS REWARD PROGRAMME



Tangent Communications PLC ("Tangent") is pleased to announce that its online retail website, printed.com, is partnering with Avios and the British Airways Executive Club, to offer customers the option to convert their existing printed.com points into Avios through the printed.com Reward Programme. The partnership puts printed.com in the company of other prestigious British Airways Executive Club partners such as Tesco, Shell and American Express.

printed.com customers earn points on every pound they spend on the printed.com website. Based on their continued spend they can move up the printed.com Reward Programme through three different tiers; Bronze, Silver and Pink.

Andrea Burchett, Director, Partnerships, Marketing & Insight at Avios, comments: "This new Avios partnership with printed.com gives British Airways Executive Club members a great way of collecting Avios through their print spend to use to book exciting travel rewards."

Nicholas Green, head of Tangent's online business, commented: "The printed.com Reward Programme has been a huge success since we launched it last year, and the uptake of the offers available continues to increase. Soon, customers ordering print will also be able to book flights to Paris, Peru or anywhere else in the world!"



Watching this one.

In Shares mag this week, Get ready to go off at a tangent.

Marketing group Tangent is a prime re-rating candidate ahead of a sales recovery at www.printed.com, a provider of business cards, leaflets, brochures and other printed promotional material. The portal's potential has been obscured by problems at the £18 million cap's e-commerce business Tangent Snowball, where cost overruns have necessitated a restructuring. Last weeks finals 20 May should reassure that Snowball's issues have now been addressed as they met expectations.

Shares mag seem to think this marketing group remain a prime re-rating candidate ahead of sales recovery.

Tangent Communications - First half trading update

Click here

WATCH: Tangent Communications (TNG) - Interim results to 31 August 2013

Click here to watch

Up just under 11% today ?

Trading Update


http://www.moneyam.com/action/news/showArticle?id=4767718

6 Mar Canaccord... 13.00 Buy

made the mistake of getting stuck with PINN a little while ago, only small bcks but still would rather they weren't on the books so to speak.,.

Trading Update

RNS


RNS Number : 6772P

Tangent Communications PLC

21 August 2014












Tangent Communications plc ("Tangent" or the "Company")

TRADING UPDATE

Tangent (AIM:TNG), announces a trading update for the six months to 28 August 2014.



Tangent generates the majority of its sales and profits from its Online business. However poor trading at our Agency, Tangent Snowball will see group profits in the first half below market expectations.



Group underlying operating profit for the year to 28 February 2015 is now expected to be comparable with the prior year. Net cash at year end is expected to be £2.5m.



Online sales are expected to grow by 10% to £8.7m with underlying operating profits comparable to the prior year.

· printed.com sales are expected to grow year on year by 30% to £3.6m. 2H sales will be higher again as we benefit from a bigger customer base and the August launch of photography.

· goodprint offers an additional route to the online market place to printed.com. Sales will be lower than the prior year but the new team now assembled has the right skill set to progress.

· Ravensworth continues to perform well with sales ahead of the prior year.



Agency sales are expected to decline by 20% to £4.5m with underlying operating profits £0.45m lower than the prior year.

· Tangent Snowball revenues were affected by budget cuts from two key clients, and the previously announced divestment of operations in Australia. Headcount has been reduced, at a one off cost of £0.25m, and resources re-channelled into our online print businesses.

· Tangent Snowball has been downsized and is now a leaner and more agile business.



Overall our focus for the business remains to be generating more revenues online.

Director Deals - Tangent Communications PLC (TNG)

BFN

David Steyn, Non Executive Director, bought 250,000 shares in the company on the 27th August 2014 at a price of 8.00p. The Director now holds 550,000 shares.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

Interim Results

RNS


RNS Number : 2624X

Tangent Communications PLC

18 November 2014






Tangent Communications PLC ("Tangent" or the "Company)

Interim for the six month period ended 31 August 2014



Key Highlights


· Group revenues £13.26m (2013: £13.25m)


· 36% of group revenues now generated online


· 30% growth in revenues at printed.com


· Underlying operating profit down to £0.96m (2013: £1.51m)


· Net cash at £1.71m (2013: £1.84m)




Commenting on the period, Tangent's Chief Executive, Timothy Green, said:



"Tangent's Online print business continues to strengthen in a competitive market. Our range of products has been expanded, and many more customers have been reached.



Online sales are up 11% on 2013, with printed.com seeing particularly strong first half sales. Online profits are in line with the prior year after the strong growth delivered by printed.com and Ravensworth, but were offset by the under-performance of goodprint.



On the digital marketing side of the business, important long-term changes were made. Tangent Snowball was down-sized and it is now a leaner and more agile business. The drop in revenues during the first half however had a material impact on profits.



Chief Executive's Review



Sales in the first half were £13.26m (2013: £13.25m) with operating profit down at £0.96m (2013: £1.51m).Gross profit was £7.79m (2013: £8.21m) and operating expenses up to £6.83m (2013: £6.63m).



Online Segment - printed.com, Ravensworth, goodprint



Across our Online businesses, sales are driven by a range of printed products that are manufactured in-house. First half sales were up 11% at £8.84m (2013: £7.95m) with operating profit flat at £1.03m (2013: £1.08m) as we invested in infrastructure and people to drive online growth.



printed.com



It was a strong first half for printed.com, with sales up 30% to £3.62m (2013: £2.78m). The key to printed.com success is constant innovation, with a relentless push to get the right products onto our website at the right price. This strategy continues to attract new customers - up 15% year on year - and we continue to see repeat purchases from our existing customer base - up 56% year on year. For small businesses and sole traders, the printed.com offer is particularly compelling, with a dedicated part of the website tailored to particular groups, from wedding stationers to photographers. The volume of customers these products attract can be significant, and we will continue to create and evolve the range of products offered.



Ravensworth



Sales were up 17% in the first half at £4.06m (2013: £3.48m). Innovations in the first half of this year included backlit window cards, home information packs, and our first digital offering. This fully transactional website with a photo editing service has attracted 1,500 orders to date and 100% of customers have returned to buy again. A combination of the above led to the 17% sales growth in the period.



goodprint



Sales in the first half were down 31% at £1.16m (2013: £1.69m). Competition in the market for selling business cards continues to intensify and attracting one-off customers at any cost is not part of our plan. Re-building the customer base will take time. The new management team will lead a re-design of the website and launch new products which will incur higher costs.



Agency Segment (Tangent Snowball, T/OD)



Sales are driven by our London-based businesses Tangent Snowball and T/OD. First half sales were down 17% at £4.42m (2013: £5.30m) with underlying operating profit at £0.16m (2013: £0.67m).



Tangent Snowball



Sales were down 22% at £3.22m (2013: £4.14m). Tangent Snowball revenues were affected by budget cuts from two key clients and the previously announced divestment of operations in Australia. Headcount has been reduced and Tangent Snowball is now a leaner and more agile business. The second half of this financial year is set to show an improvement compared to the first half.



T/OD



T/OD's sales grew by 3% to £1.20m (2013: £1.16m). Gross margin continued to be above 70% as T/OD intensified its focus on selling innovative print displays to high end retailers.



Non-recurring expense



The non-recurring expense of £0.23m (2013: Nil) relates to the downsizing of Tangent Snowball.



Discontinued operations



During the first half, we completed the divestment of our Australian business, Tangent Snowball PTY Ltd. A loss for the period from discontinued operations of £0.12m is included this year (2013: £0.05m).



Net Cash



Net cash at 31 August 2014 was £1.71m (2013: £1.84m). We paid £0.66m for the final dividend (2013: £0.56m).



Outlook



We remain committed to being a leading player in the online print sector. The opportunities are growing and we are determined to seize on them: expanding our range; innovating new products; tailoring our offering to the millions of businesses that need quality printed material at a competitive price. We continue to invest in our people and our technology - refining the Tangent offer to drive future sales growth.



The Company expects the second half of this financial year to show an improvement in the Tangent Snowball division compared to the first half, however current softness in the goodprint division and investment to improve the performance results in further prudence for the full year.