(Alliance News) - Shares in 4imprint Group PLC rose on Tuesday after it reported "very encouraging progress" in the recovery of the business from the effects of the pandemic.
Shares in the direct marketer of promotional merchandise were 5.4% higher in London on Tuesday morning at 2,424.90 pence each.
In a statement ahead of its annual general meeting, the London-based firm said that since March momentum had built substantially, with order intake in the month of April above 80% of 2019 levels. In the most recent three week period, order counts had averaged 85% against the same 2019 comparative.
"This improving level of trading activity provides further confidence in the decisions taken over the last fifteen months with a view to underpinning the longer term health of the business," 4imprint commented.
4imprint will release its half year results for the 26 weeks ending July 3 on August 11.
By Will Paige; willpaige@alliancenews.com
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4Imprint (FOUR)