Interim Management Statement

RNS Number : 0505K

4imprint Group PLC

13 April 2010

 

4imprint Group plc

Interim Management Statement

The Board of 4imprint Group plc issues its interim management statement for the period 3 January 2010 to 3 April 2010. Seasonally, the first quarter is the least strong of any quarter of the year.

The Group delivered a strong sales performance at £40.96m, 15% ahead of Q1 2009 (at constant currency sales were 20% ahead). Sales in all three Divisions increased over prior year. 

The North American Direct Marketing business (which represented 60% of Group sales), showed very strong organic growth with Q1 US dollar sales 24% ahead of Q1 2009 and 20% ahead of Q1 2008. Sterling sales in the UK Direct Marketing business were 19% ahead of Q1 2009.

The End User Division (Brand Addition) Q1 sales were 18% ahead of Q1 2009, this performance was achieved by securing new contracts in the later part of 2009.

In the Trade Division Q1 sales, including inter divisional sales, were 9% ahead of Q1 2009. The Division improved its productivity through a further 9% reduction in total headcount announced in March.

For further information please contact:

Ken Minton

Executive Chairman

4imprint Group plc                    [phone]

Gillian Davies

Group Finance Director

4imprint Group plc                    [phone]

 

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