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FOUR - 4imprint News Story

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Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £514.0m
Enterprise Value £482.0m
Revenue £703.9m
Position in Universe 473rd / 1834

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

Thu 16th January, 2020 7:00am
RNS Number : 9437Z
4imprint Group PLC
16 January 2020
 

16 January 2020

4imprint Group plc

Trading Update and Notice of Final Results

 

4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, intends to announce its final results for the year ended 28 December 2019 on Tuesday 3 March 2020. Ahead of its final results, the Group today provides a trading update.

 

The Group delivered further encouraging organic revenue growth during the second half of 2019. Unaudited Group revenue for the year ended 28 December 2019 was approximately $860.8m, an increase of 17% over 2018. Underlying* profit before tax for the full year 2019 is expected to be at the upper end of the current market forecast range.

 

The Group retains a strong balance sheet, with an unaudited net cash balance at the 2019 year-end of around $41.0m, (2017: $27.5m).

 

The Board remains committed to its strategy of driving organic revenue growth through investment in marketing, people and the Group's operational assets.

 

* Underlying is before defined benefit pension charges and exceptional items.

 

 

For further information, please contact:

 

4imprint Group plc

Tel. + 44 (0) 20 3709 9680

MHP Communications

Tel. + 44 (0) 20 3128 8794

 

Kevin Lyons-Tarr

Chief Executive Officer

 

David Seekings

Chief Financial Officer

Katie Hunt

 

 

Rachel Mann

 

 


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 or visit www.rns.com.
 
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