AGM Statement

4imprint Group PLC
22 May 2024
 

22 May 2024

4imprint Group plc

AGM Trading Update and Notice of Results

 

Solid start to 2024; Board's expectations for the year unchanged

 

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 solid operational and financial performance in the early part of 2024. Market conditions remain challenging, but we continue to outperform the overall promotional products industry, leading to further gains in market share.

 

Group revenue in the first four months of 2024 was up 6% over the same period in 2023, underpinned by increases in order intake (+4%) and average order values (+2%). Gross margins have remained strong, and the reshaped marketing mix has demonstrated the efficiency and flexibility that we expected. As a result of these factors, the Board expects a financial performance for the year within the current range of analysts' forecasts.

 

The Board remains confident in the Group's ability to blend good near-term financial results with attractive prospects for significant further organic growth over the medium term."

 

The Group also confirms that it will announce its half year results for the 26 weeks ending 29 June 2024 on Wednesday, 7 August 2024.

 

 

 

For further information, please contact:

 

4imprint Group plc

Tel. + 44 (0) 20 3709 9680

MHP Group

Tel. + 44 (0) 7884 494112

Email: 4imprint@mhpgroup.com

 

Kevin Lyons-Tarr

Chief Executive Officer

 

David Seekings

Chief Financial Officer

Katie Hunt

 

 

Eleni Menikou

 

 

 

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings