Trading Update and Notice of Final Results

RNS Number : 9978X

4imprint Group PLC

20 January 2014

 

4imprint Group plc                                                                                                                         20 January 2014

Trading update

Notice of results

4imprint Group plc ("4imprint" or "the Group"), the international promotional products Group today provides a trading update, ahead of its final results for the year ended 28 December 2013, which it intends to announce on Wednesday 5 March 2014.  The Group confirms a positive trading performance for the fourth quarter and for the full year.

Unaudited Group revenue for the year ended 28 December 2013 was £211.7m, 16% ahead of the prior year at £182.9m. Fourth quarter revenue at £54.5m was 17% ahead of the same period last year.

Unaudited revenue for 4imprint Direct Marketing for the year was £196.4m, 16% ahead of prior year at £168.9m. Fourth quarter revenue at £50.4m was 17% ahead.  4imprint Direct Marketing North America unaudited revenue for the year was $294.9m, 15% ahead of prior year. The average USD exchange rate for the year was $1.56 (2012: $1.58). UK Direct Marketing revenue was 12% ahead of the prior year.

Unaudited total revenue for SPS for the year was £16.9m, 9% ahead of prior year and fourth quarter revenue was 13% ahead.

Group underlying* profit before tax for the year will be not less than £13.3m compared to the prior year at £10.0m.

The Group remains in a strong financial position with net cash of c.£15.5m (2012: £10.7m) at the year end.

For further information please contact:

4imprint Group plc
Tel:  + 44 (0) 20 7299 7201
John Poulter
Chairman

Gillian Davies
Group Finance Director

MHP Communications

Reg Hoare
Tel: + 44 (0) 20 3128 8793

Katie Hunt
Tel: + 44 (0) 20 3128 8794

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

 

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