The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks4Imprint Regulatory News (FOUR)

Share Price Information for 4Imprint (FOUR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6,410.00
Bid: 6,350.00
Ask: 6,370.00
Change: 40.00 (0.63%)
Spread: 20.00 (0.315%)
Open: 6,370.00
High: 6,410.00
Low: 6,350.00
Prev. Close: 6,370.00
FOUR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Interim Management Statement

31 Oct 2011 07:00

RNS Number : 0945R
4imprint Group PLC
31 October 2011
 



 

4imprint Group plc

Interim Management Statement 31 October 2011

 

The Board of 4imprint Group plc, the international promotional products group, issues its interim management statement for the period from 3 July 2011 to 29 October 2011 incorporating information relating to the financial performance of the business for the third quarter, being the period from 3 July 2011 to 1 October 2011.

 

Group revenue for the third quarter at £58.93m was 12% ahead of prior year (14% at constant currency). Year to date (39 weeks ended 1 October 2011) revenue was £162.56m, 10% ahead of prior year (13% at constant currency).

 

4imprint Direct Marketing (67% of Group revenue)

Revenue in 4imprint Direct Marketing has continued its trend of strong organic growth. North American revenue in quarter three was US$60.22m, 18% ahead of prior year and year to date revenue at US$167.52m also increased by 18%, compared to the circa 6% increase in the US promotional products market.

 

Quarter three customer acquisition and retention rates have continued the positive progress reported in the first half of the year. Year to date, over 96,000 new customers were acquired in North America, well ahead of prior year. Orders from previously acquired customers increased by 22% over prior year as customer repurchase rates remained consistently strong. For the fourth consecutive year, the US business has been named in the top 10 best medium sized companies to work for in the USA.

 

Year to date total division revenue was £108.29m, 11% ahead of prior year. The average US$ exchange rate for 2011 year to date was 1.61 (2010:1.53).

 

Brand Addition (28% of Group revenue)

Brand Addition total revenue in quarter three was £17.22m, 14% ahead of prior year. Year to date total revenue is £45.73m, 13% ahead of prior year. Some of this increase (around £1.2m) represents a change in the timing of customer seasonal purchases relative to 2010. There was continued growth in both new and existing customers.

 

SPS (5% of Group revenue)

Total SPS revenue at £3.56m in quarter three was 8% below prior year, whereas year to date total revenue at £10.75m was 16% below prior year.

 

Pension ETV exercise

The pension Enhanced Transfer Value exercise was completed in October. Based on the accounting valuation, the pension scheme assets and liabilities have each been reduced by around £10m as a result of this exercise. The total cash cost to the Company of this exercise was £1.5m.

 

Outlook

The Board anticipates that 2011 will be a further year of good progress.

 

For further information please contact:

 

John Poulter Chairman +44(0) 20 7299 7201

Gillian Davies Group Finance Director +44(0) 20 7299 7201

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSBUBDGUUDBGBI
Date   Source Headline
2nd May 20249:19 amRNSHolding(s) in Company
16th Apr 202410:23 amRNSAnnual Financial Report
3rd Apr 20243:42 pmRNSDirector/PDMR Shareholding
28th Mar 20241:58 pmRNSDirector/PDMR Shareholding
28th Mar 20249:05 amRNSEBT Purchase
13th Mar 20247:00 amRNSFinal Results
28th Feb 20248:33 amRNSHolding(s) in Company
13th Feb 20244:49 pmRNSHolding(s) in Company
19th Jan 20247:00 amRNSTrading Statement
8th Jan 20248:27 amRNSBlock listing Interim Review
13th Dec 20238:52 amRNSCommittee changes
4th Dec 20231:23 pmRNSHolding(s) in Company
14th Nov 202312:28 pmRNSEBT Purchase
7th Nov 20237:00 amRNSTrading Statement
9th Oct 20238:17 amRNSEBT Purchase
21st Sep 20238:15 amRNSHolding(s) in Company
18th Aug 20238:09 amRNSDirectorate Change
1st Aug 20238:47 amRNSTrading Statement
31st Jul 20239:20 amRNSTotal Voting Rights
26th Jul 20233:23 pmRNSDirector/PDMR Shareholding
4th Jul 20237:00 amRNSPension Buy-in Transaction
29th Jun 20239:06 amRNSAdditional Listing
27th Jun 20239:41 amRNSBlock listing Interim Review
6th Jun 20231:36 pmRNSEBT Purchase
24th May 20232:12 pmRNSResult of AGM
24th May 20237:00 amRNSAGM Statement
12th May 20234:01 pmRNSHolding(s) in Company
17th Apr 20235:30 pmRNSAnnual Financial Report
14th Apr 20232:53 pmRNSHolding(s) in Company
29th Mar 20238:38 amRNSDirector/PDMR Shareholding
28th Mar 20238:04 amRNSEBT Purchase
15th Mar 20237:00 amRNSFinal Results
20th Jan 20237:00 amRNSTrading Statement
7th Dec 20223:38 pmRNSEBT Purchase
4th Nov 20227:00 amRNSTrading Statement
27th Oct 202212:42 pmRNSDirector Declaration
10th Oct 20229:01 amRNSEBT Purchase
16th Sep 20221:49 pmRNSHolding(s) in Company
12th Sep 20229:21 amRNSHolding(s) in Company
10th Aug 20227:00 amRNSHalf-year Report
2nd Aug 20229:13 amRNSHolding(s) in Company
1st Aug 20228:39 amRNSHolding(s) in Company
1st Aug 20228:00 amEQSBloc Ventures: Demand for deep tech unhindered by downturn
19th Jul 20227:00 amRNSTrading Statement
7th Jul 20222:26 pmRNSHolding(s) in Company
24th Jun 20229:37 amRNSEBT Purchase
6th Jun 20229:25 amRNSEBT Purchase
24th May 20221:18 pmRNSResult of AGM
24th May 20227:00 amRNSAGM Statement and Notice of Results
17th May 20227:35 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.