Trading update and Notice of final results

RNS Number : 1369W

4imprint Group PLC

23 January 2013

 

4imprint Group plc

Trading Update                                                                                                                                23 January 2013

Notice of final results

4imprint Group plc, the international promotional products group, today issues a trading update ahead of its final results for the 52 weeks ended 29 December 2012, which it intends to announce on Tuesday 5 March 2013.

Overall, unaudited group revenue, from continuing operations, for the year ended 29 December 2012 was £182.9m, 15% ahead of prior year.

Unaudited revenue for 4imprint Direct Marketing was £168.9m, 16% ahead of prior year.  North American revenue was $256.5m, 14% ahead of prior year.  Quarter four revenue, at US$66.1m, was 16% ahead.  UK revenue was 16% ahead of prior year, with quarter four 22% ahead.

Unaudited total revenue for SPS was £15.5m, 9% ahead of prior year.  Quarter four revenue was 13% ahead.

Underlying* profit before tax, from continuing operations, is expected to be broadly in line with market expectations.

As reported in the third quarter Interim Management Statement, the Group remains in a strong financial position.

John Poulter, Executive Chairman of 4imprint Group, commented:

"The Group achieved another year of strong organic growth in 2012. The Group continues to take advantage of opportunities in the fragmented North American market.  Management actions to improve performance in SPS and to reduce risk in the legacy pension scheme have been successful."

*Underlying is before share option charges, exceptional items and defined benefit pension charge.

For further information please contact:

4imprint Group plc	MHP Communications
Tel:  + 44 (0) 20 7299 7201
John Poulter Chairman Gillian Davies Group Finance Director		Reg Hoare Tel: + 44 (0) 20 3128 8793 Katie Hunt Tel: + 44 (0) 20 3128 8794

 

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