The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks4Imprint Share News (FOUR)

Share Price Information for 4Imprint (FOUR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6,180.00
Bid: 6,170.00
Ask: 6,200.00
Change: 0.00 (0.00%)
Spread: 30.00 (0.486%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 6,180.00
FOUR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

4imprint rallies as raises outlook for 2022 beyond market consensus

Fri, 06th May 2022 08:42

(Alliance News) - 4imprint Group PLC on Friday raised its full-year outlook, now expecting revenue for 2022 to reach USD1 billion and profit to beat the highest market forecasts.

The London-based marketer of promotional merchandise said strong trading has continued in the first four months of the year, with "excellent demand" to result in a "very strong financial performance" for the period.

Shares in 4imprint were up 8.8% to 2,655.00 pence each in London on Friday morning.

In January to April, total order numbers in its primary North American business were 11% higher than pre-Covid 2019 levels. Average order values were 14% ahead of 2019, with overall demand revenue 27% ahead.

"New customer acquisition has remained encouraging, and the retention statistics reliably reflect the growing customer file," the firm said.

The trading momentum means 4imprint is likely to achieve its long-term goal of USD1 billion in revenue in 2022, which is the upper limit of analysts' forecasts and higher than analysts' consensus, it said.

4imprint said its management has raised expectations for operating profit above the highest analyst forecast, citing revenue volume gains, a more productive marketing portfolio, and stable gross margins, as well as operation gearing concerning costs.

In 2021, 4imprint reported USD787.3 million revenue and an operating profit of USD30.7 million.

The more positive outlook takes into account its visibility on macro-economic disruptors such as Covid, supply chain issues, inventory availability, inflation, and rising costs of labour, the company said.

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
12 May 2021 09:34

BROKER RATINGS: Just Eat Takeaway and Aston Martin get upgrades

BROKER RATINGS: Just Eat Takeaway and Aston Martin get upgrades

Read more
11 May 2021 16:13

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
9 Apr 2021 13:09

Friday broker round-up

(Sharecast News) - Hilton Food Group: RBC Capital Markets upgrades to outperform with a target price of 1,500p.

Read more
9 Apr 2021 10:19

Berenberg lowers target price on 4imprint

(Sharecast News) - Analysts at Berenberg lowered their target price on media outfit 4imprint from 2,500.0p to 2,300.0p on Friday, stating it was no longer sure whether being patient would pay off for investors.

Read more
9 Apr 2021 09:43

BROKER RATINGS: Berenberg upgrades Marston's and downgrades City Pub

BROKER RATINGS: Berenberg upgrades Marston's and downgrades City Pub

Read more
22 Mar 2021 15:09

DIRECTOR DEALINGS: Aviva chief risk officer and new Cenkos chair buy

DIRECTOR DEALINGS: Aviva chief risk officer and new Cenkos chair buy

Read more
18 Mar 2021 15:46

EXECUTIVE CHANGES: Sureserve executive chair departs after turnaround

EXECUTIVE CHANGES: Sureserve executive chair departs after turnaround

Read more
16 Mar 2021 12:08

LONDON MARKET MIDDAY: Stocks unperturbed by vaccine safety fears

LONDON MARKET MIDDAY: Stocks unperturbed by vaccine safety fears

Read more
16 Mar 2021 09:45

4imprint skips dividend as revenue drops 35%, annual profit dries up

4imprint skips dividend as revenue drops 35%, annual profit dries up

Read more
16 Mar 2021 09:17

4Imprint profits slump 93% as it takes significant hit from pandemic

(Sharecast News) - 4Imprint reported a 93% slump in full-year pre-tax profits on Tuesday as it said 2020 results were "significantly" impacted by the Covid-19 pandemic.

Read more
9 Mar 2021 16:09

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
9 Mar 2021 09:17

Gamesys posts solid 2020 revenue, Ebitda rise amid Covid-19 challenges

Gamesys posts solid 2020 revenue, Ebitda rise amid Covid-19 challenges

Read more
25 Feb 2021 19:04

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

Read more
22 Jan 2021 09:32

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

Read more
21 Jan 2021 09:28

4imprint Sees Weekly Order Intake Increase Amid Pandemic Uncertainty

4imprint Sees Weekly Order Intake Increase Amid Pandemic Uncertainty

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.