REG - 4imprint Group PLC - Trading Statement

4imprintAnnouncement

01/08/2023 09:00

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RNS Number : 8913H  4imprint Group PLC  01 August 2023

1 August 2023

4imprint Group plc ("4imprint" or the "Group")

Update on Current Trading

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

Ahead of the announcement of its 2023 Interim results on 9 August 2023,
4imprint today provides an update on the Group's trading, operations and
financial performance.

 

The business has seen continued encouraging results at the demand level in the
first half of 2023, with year-to-date total order intake up 18% over the same
period in 2022. We expect to announce a strong first half performance in
revenue, profitability and cash.

 

The Board's expectation, based on the latest financial results and recent
internal forecasts, is that full year 2023 Group revenue will now be slightly
above $1.3bn. Group profit before tax for the full year 2023 is expected to be
materially above the current consensus of analysts' forecasts, and not less
than $125m. This favourable profitability dynamic results principally from
revenue growth combined with a strengthened gross margin percentage and strong
returns on marketing investment.

 

The Board remains very confident in the Group's strategy, business model and
competitive position.

 

The person responsible for arranging the release of this announcement on
behalf of 4imprint Group plc is David Seekings, its Chief Financial Officer.

 

 

For further information, please contact:

 

 4imprint Group plc                         MHP Group
 Tel: + 44 (0) 20 3709 9680                 Tel: +44 (0) 20 3128 8794

 Kevin Lyons-Tarr, Chief Executive Officer  Katie Hunt

 David Seekings, Chief Financial Officer

 

 

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