REG - 4imprint Group PLC - AGM Statement

4imprintAnnouncement

24/05/2023 07:00

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RNS Number : 4035A  4imprint Group PLC  24 May 2023

24 May 2023

4imprint Group plc

AGM Trading Update and Notice of Results

 

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:

 

"Following a record year for 4imprint in 2022, the business has made
substantial further progress in 2023, with the Group's operating and financial
performance running in line with the Board's expectations.

 

The first four months of 2023 saw very strong demand, with year-to-date total
order intake up 22% over the same period in 2022. This result was anticipated
in our operational planning, which was set firmly in the context of relatively
weak, pandemic-affected prior year comparatives in the first quarter of 2022.
With more challenging prior year comparatives from April onwards, we expect
the percentage increases in total order activity seen in the first quarter to
moderate for the rest of 2023.

 

It is still early in the year and we are aware of the possibility of economic
slowdown in our primary US market. Nevertheless, we still expect to deliver a
full year revenue and operating profit performance consistent with the current
range of analysts' forecasts.

 

The Board remains very confident in our strategy and our ability to continue
to take market share."

 

The Group also confirms that it will announce its half year results for the 26
weeks ending 1 July 2023 on Wednesday 9 August 2023.

 

 

 

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

 

 

 

 

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