4imprint Group PLC Trading Statement (8913H)
August 01 2023 - 3:47AM
UK Regulatory
TIDMFOUR
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 Katie Hunt
Officer
David Seekings, Chief Financial
Officer
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END
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