AGM Statement

RNS Number : 2424N

4imprint Group PLC

08 May 2018

 

8 May 2018

4imprint Group plc

AGM Trading Statement

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's trading performance in the first four months of 2018 has been above the Board's expectations, with revenue growth of 16% and order intake up 15% over prior year.

This performance reflects the benefit of our continued investment in and development of the established components of our marketing portfolio, amplified by a positive initial impact from the brand awareness programme that we announced with the 2017 final results. We are mindful that this investment requires a longer timeframe over which to assess sustainable success. That said, the Board is very pleased to see that the early indications are encouraging and have contributed to a strong start to the year.

Looking forward, it is likely that full year revenue will be higher than current market consensus. Operating profit, previously guided to be flat with 2017, is now expected to be above this level."

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 Nessyah Hart

 

END

 

 

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