(Alliance News) - 4imprint Group PLC on Friday said it enjoyed an "excellent" 2023, as revenue jumped 16%.
Shares in 4imprint jumped 5.4% to 4,884.70 pence each in London early Friday.
"Excellent progress has been made by the group during the course of 2023, giving rise to a strong financial performance for the year," 4imprint said, in a trading update on Friday.
The London-based marketer and distributor of promotional products said revenue for 2023 is expected to be USD1.33 billion, up 16% from USD1.14 billion a year earlier.
Pretax profit for 2023 is expected to be at least USD140 million, up from USD104 million and slightly above the upper end of the current range of analysts' forecasts.
4imprint added: "The group has made significant operational progress in 2023, reflecting a clear strategy and a highly resilient business model. The board remains confident in the group's prospects."
The company will announce its 2023 results on March 13.
By Sophie Rose, Alliance News senior reporter
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4Imprint (FOUR)