REG - 4imprint Group PLC - AGM Statement

4imprintAnnouncement

22/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240522:nRSV3673Pa&default-theme=true

RNS Number : 3673P  4imprint Group PLC  22 May 2024

22 May 2024

4imprint Group plc

AGM Trading Update and Notice of Results

 

Solid start to 2024; Board's expectations for the year unchanged

 

4imprint Group plc, (the "Group"), the leading direct marketer of promotional
products, today holds its Annual General Meeting at which Paul Moody,
Chairman, will make the following remarks:

 

"The Group has delivered a solid operational and financial performance in the
early part of 2024. Market conditions remain challenging, but we continue to
outperform the overall promotional products industry, leading to further gains
in market share.

 

Group revenue in the first four months of 2024 was up 6% over the same period
in 2023, underpinned by increases in order intake (+4%) and average order
values (+2%). Gross margins have remained strong, and the reshaped marketing
mix has demonstrated the efficiency and flexibility that we expected. As a
result of these factors, the Board expects a financial performance for the
year within the current range of analysts' forecasts.

 

The Board remains confident in the Group's ability to blend good near-term
financial results with attractive prospects for significant further organic
growth over the medium term."

 

The Group also confirms that it will announce its half year results for the 26
weeks ending 29 June 2024 on Wednesday, 7 August 2024.

 

 

 

For further information, please contact:

 

 4imprint Group plc           MHP Group

 Tel. + 44 (0) 20 3709 9680   Tel. + 44 (0) 7884 494112

                              Email: 4imprint@mhpgroup.com

 

 Kevin Lyons-Tarr          Katie Hunt

 Chief Executive Officer

 David Seekings            Eleni Menikou

 Chief Financial Officer

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGMUARWRSAUVUAR