REG - 4imprint Group PLC - Trading Update and Notice of Final Results

4imprintAnnouncement

21/01/2022 07:05

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RNS Number : 1570Z  4imprint Group PLC  21 January 2022

21 January 2022

4imprint Group plc

Trading Update and Notice of Final Results

 

4imprint Group plc (the "Group"), the international direct marketer of
promotional products, intends to announce its final results for the year ended
1 January 2022 on Wednesday 16 March 2022. Ahead of this, the Group today
provides a trading update.

 

Unaudited Group revenue for the 2021 financial year was approximately $787m,
an increase of 41% compared to 2020. Profit before tax is expected to be
towards the upper end of the range of analysts' forecasts.

 

Total order count in 2021 was 90% of the 2019 comparative (the most recent
'normal' year), demonstrating a strong recovery in the business over the
course of the year.

 

The unaudited net cash balance at the 2021 year-end was $41.6m, (2020:
$39.8m), leaving the Group in a good financial position entering 2022.

 

Even as challenges remain regarding the supply chain, inflationary pressures
and the lingering effects of the pandemic, our performance in 2021 further
demonstrates the flexibility and resilience of our business model. The Board
is very pleased with the Group's progress in 2021 and is confident that the
qualities embodied in our brand continue to resonate with our customers.

 

 

 

For further information, please contact:

 

 4imprint Group plc           MHP Communications

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

 

 Kevin Lyons-Tarr, Chief Executive Officer  Katie Hunt

 David Seekings, Chief Financial Officer    Rachel Mann

 

 

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