Trading Update and Notice of Final Results

RNS Number : 5091M

4imprint Group PLC

21 January 2016

 

4imprint Group plc

21 January 2016

Trading Update and Notice of Final Results

4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, today provides a trading update ahead of its final results for the year ended 2 January 2016*, which it intends to announce on Wednesday 9 March 2016.

Consistent with the trend reported in the trading update issued on 21 October 2015, strong organic growth continued through the fourth quarter of 2015. Unaudited Group revenue for the year ended 2 January 2016 was $497.2m, 20% higher than the prior year comparative of $415.8m. Underlying** profit before tax is expected to be at least in line with market expectations.

The Group's financial position remains robust, with unaudited net cash of around $18.4m at the 2015 year end, (2014: $18.3m).

* The year ended 2 January 2016 was a 53 week accounting period; the prior year ending 27 December 2014 was a 52 week accounting period.

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

For further information, please contact:

4imprint Group plc

Tel: + 44 (0) 20 7299 7201

Kevin Lyons-Tarr, Chief Executive Officer

David Seekings, Chief Financial Officer

MHP Communications

Tel: + 44 (0) 20 3128 8100

Katie Hunt

Reg Hoare

 

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