REG - 4imprint Group PLC - AGM Statement

4imprintAnnouncement

21/05/2025 07:00

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RNS Number : 4725J  4imprint Group PLC  21 May 2025

21 May 2025

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:

"The Group has delivered a resilient operational and financial performance in
the early part of 2025 against the backdrop of volatile macro-economic
conditions.  Group revenue for the first four months of 2025 was in line with
the same period in 2024.  Order intake has continued to run approximately 2%
below prior year while average order values were even with prior year.  Gross
margins have remained strong in the period, and the marketing mix has provided
the flexibility and efficiency we anticipated.

Although the recently announced temporary reduction of tariffs on US imports
from China moderates their impact in the near term, we expect an element of
supply chain disruption and higher product costs during the second half of the
year. In addition, any impact the situation surrounding tariff policy may have
on the broader macro-economic backdrop is difficult to predict.  However, as
demonstrated in previous periods of uncertainty and supply chain disruption,
the Group's strategy, including a strong balance sheet, gives the business a
competitive advantage. The Board remains confident in the Group's ability to
navigate the current uncertain environment, delivering the best possible
near-term financial results while positioning the business to take advantage
of opportunities that will present themselves as certainty returns."

The Group also confirms that it will announce its half-year results for the 26
weeks ending 28 June 2025 on Wednesday, 6 August 2025.

 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

 Michelle Brukwicki, Chief Financial Officer   Eleni Menikou

 

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