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Pin to quick picks4Imprint Share News (FOUR)

Share Price Information for 4Imprint (FOUR)

London Stock Exchange
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Share Price: 6,180.00
Bid: 6,170.00
Ask: 6,200.00
Change: 160.00 (2.66%)
Spread: 30.00 (0.486%)
Open: 5,770.00
High: 6,190.00
Low: 5,770.00
Prev. Close: 6,020.00
FOUR Live PriceLast checked at -

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4imprint set to materially beat analysts' estimates for 1H profits

Tue, 01st Aug 2023 12:58

(Sharecast News) - 4imprint said that demand continued to be robust and that it was set to beat analysts' estimates for half-year profits.

The marketer of promotional merchandise said that demand in the first half of 2023 continued to be "encouraging" with year-to-date total order intake 18% ahead on the year before.

In a trading statement, 4imprint also said that it was anticipating a "strong" first half for revenues, profits and cash.

It guided towards full-year revenues slightly above $1.3bn, adding that profit before tax would "materially" exceed analysts' estimates at no less than $125m.

The company credited revenue growth, higher gross margins and "strong" returns on marketing investment for that outcome.

As of 1255 BST, shares of 4imprint were jumping by 12.63% to 4,995.0p.

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