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Pin to quick picks4Imprint Regulatory News (FOUR)

Share Price Information for 4Imprint (FOUR)

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Share Price: 5,970.00
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Change: -130.00 (-2.13%)
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AGM Trading Statement and Notice of Results

18 May 2021 07:00

RNS Number : 9033Y
4imprint Group PLC
18 May 2021
 

18 May 2021

4imprint Group plc

AGM Trading Statement and Notice of Results

 

4imprint Group plc, (the "Group"), the direct marketer of promotional products, today holds its Annual General Meeting. Paul Moody, Chairman, comments on recent trading and the outlook for the Group as follows:

 

"The first four months of 2021 have shown very encouraging progress in the recovery of the business from the effects of the COVID-19 pandemic.

 

Given the dramatic disruption to demand in 2020, comparing current order intake to the same period in 2019 provides a meaningful way to gauge the recovery. We reported with our Final Results on 16 March 2021 that total order intake in January and February was running at 65% of 2019 levels.

 

Since then, momentum in the business has built substantially, with order intake in the month of April above 80% of 2019 levels. In the most recent three week period, order counts have 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.

 

The Group remains in a strong financial position, with a net cash balance of $44.0m at the end of April 2021 (December 2020: $39.8m).

 

The Board is very pleased with the recent trading performance. Our confidence in the market position and prospects of the Group has been reinforced; as the economy and business activity continue to recover, we anticipate further progress in the months ahead."

 

The Group also announces that it will release its half year results for the 26 weeks ending 3 July 2021 on Wednesday 11 August 2021.

 

 

For further information, please contact:

 

4imprint Group plc

Tel. + 44 (0) 20 3709 9680

 

hq@4imprint.co.uk

MHP Communications

Tel. + 44 (0) 20 3128 8549

 

4imprint@mhpc.com

 

Kevin Lyons-Tarr

Chief Executive Officer

 

David Seekings

Chief Financial Officer

Katie Hunt

 

 

Rachel Mann

 

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TSTUBUNRARUVAAR
Date   Source Headline
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26th Sep 20067:00 amRNSHolding(s) in Company
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25th Aug 20065:05 pmRNSDirector/PDMR Shareholding
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2nd Aug 20067:01 amRNSInterim Results
18th Jul 200612:09 pmRNSNotice of Results
24th Apr 20064:25 pmRNSDirector/PDMR Shareholding
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18th Apr 200611:01 amRNSAGM Statement
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8th Feb 20065:25 pmRNSHolding(s) in Company
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12th Jan 20067:00 amRNSHolding(s) in Company
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28th Apr 20054:52 pmRNSHolding(s) in Company
22nd Apr 20057:01 amRNSResult of Tender Offer
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6th Apr 20052:31 pmRNSAGM Statement
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7th Mar 20051:48 pmRNSDirector Shareholding
7th Mar 20051:48 pmRNSDirector Shareholding
4th Mar 20055:25 pmRNSTender Offer
4th Mar 20053:04 pmRNSHolding(s) in Company
2nd Mar 20054:28 pmRNSAdditional Listing
28th Feb 20056:10 pmRNSBlocklisting Interim Review
21st Feb 20057:00 amRNSFinal Results
15th Feb 200510:00 amRNSHolding(s) in Company

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