Less Ads, More Data, More Tools Register for FREE

Pin to quick picks4Imprint Regulatory News (FOUR)

Share Price Information for 4Imprint (FOUR)

Share Price is delayed by 15 minutes
Get Live Data
3,760.00    90.00 (2.45%)
Bid:
3,744.00
Ask:
3,748.00
Spread: 4.00 (0.107%)
Market Cap: £1.05b
FOUR Live PriceLast checked at - London Stock Exchange

Intraday 4Imprint Share Chart

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
4th Jun 20267:00 amRNSDirector/PDMR Shareholding
20th May 20261:14 pmRNSResult of AGM
20th May 20267:00 amRNSAGM Statement
15th May 20268:02 amRNSDirector/PDMR Shareholding
14th Apr 20269:27 amRNSAnnual Financial Report
25th Mar 20262:05 pmRNSDirector/PDMR Shareholding
11th Mar 20267:00 amRNSFinal Results
11th Mar 20267:00 amRNSFinal Results
18th Feb 20267:00 amRNSHolding(s) in Company
10th Feb 20262:54 pmRNSHolding(s) in Company
22nd Jan 20268:54 amRNSHolding(s) in Company
20th Jan 20267:00 amRNSTrading Statement
5th Jan 20262:39 pmRNSBlock listing Interim Review
22nd Dec 20252:41 pmRNSHolding(s) in Company
22nd Dec 20252:41 pmRNSHolding(s) in Company
3rd Dec 20257:00 amRNSChair Succession
11th Nov 20257:00 amRNSTrading Statement
24th Oct 20258:31 amRNSHolding(s) in Company
21st Oct 20254:04 pmRNSHolding(s) in Company
29th Aug 20253:52 pmRNSHolding(s) in Company
29th Aug 20257:41 amRNSHolding(s) in Company
29th Aug 20257:35 amRNSHolding(s) in Company
6th Aug 20257:00 amRNSHalf-year Report
23rd Jul 20259:09 amRNSBlock listing Interim Review
4th Jun 20258:31 amRNSDirector/PDMR Shareholding
21st May 20251:02 pmRNSResult of AGM
21st May 20257:00 amRNSAGM Statement
2nd May 20253:47 pmRNSDirector/PDMR Shareholding
2nd May 20257:47 amRNSChange of Adviser
15th Apr 20259:30 amRNSDoc re Report and Accounts
3rd Apr 20252:09 pmRNSHolding(s) in Company
28th Mar 20258:44 amRNSEBT Purchase
27th Mar 20258:08 amRNSDirector/PDMR Shareholding
21st Mar 20258:09 amRNSEBT Purchase
12th Mar 20257:00 amRNSDirectorate Change
12th Mar 20257:00 amRNSFinal Results
4th Mar 20254:06 pmRNSHolding(s) in Company
21st Jan 20257:00 amRNSTrading Statement
17th Dec 20242:53 pmRNSDirector/PDMR Shareholding
6th Dec 20249:03 amRNSHolding(s) in Company
5th Dec 20242:58 pmRNSEBT Purchase
14th Nov 20241:57 pmRNSHolding(s) in Company
12th Nov 20247:00 amRNSTrading Statement
7th Nov 20243:00 pmRNSHolding(s) in Company
6th Nov 20249:55 amRNSHolding(s) in Company
29th Oct 20241:29 pmRNSHolding(s) in Company
21st Oct 20248:32 amRNSEBT Purchase
18th Oct 20247:00 amRNSDirectorate Change
17th Sep 20248:32 amRNSEBT Purchase
2nd Sep 20249:31 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.