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: 5,670.00
Bid: 5,720.00
Ask: 5,760.00
Change: -160.00 (-2.74%)
Spread: 40.00 (0.699%)
Open: 5,770.00
High: 5,830.00
Low: 5,670.00
Prev. Close: 5,830.00
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
22nd Sep 20102:00 pmRNSHolding(s) in Company
9th Aug 201010:28 amRNSHolding(s) in Company
4th Aug 20107:00 amRNSHalf Yearly Report
28th Jun 20107:00 amRNSSales Update
26th May 20101:37 pmRNSResult of AGM
27th Apr 201011:00 amRNSAGM Statement
21st Apr 20103:16 pmRNSHolding(s) in Company
13th Apr 20107:00 amRNSInterim Management Statement
31st Mar 20105:16 pmRNSDirector Declaration
25th Mar 20101:43 pmRNSHolding(s) in Company
24th Mar 20104:27 pmRNSDirectorate Change
16th Mar 201012:09 pmRNSHolding(s) in Company
15th Mar 20105:36 pmRNSHolding(s) in Company
4th Mar 201012:26 pmRNSHolding(s) in Company
25th Feb 20107:00 amRNSFinal Results
19th Jan 20107:00 amRNSHolding(s) in Company
11th Jan 20109:54 amRNSHolding(s) in Company
10th Nov 20097:00 amRNSInterim Management Statement
9th Nov 20093:38 pmRNSBanking Facilities
16th Oct 20095:09 pmRNSHolding(s) in Company
16th Oct 20099:58 amRNSHolding(s) in Company
21st Sep 20094:18 pmRNSHolding(s) in Company
28th Aug 20092:21 pmRNSHolding(s) in Company
4th Aug 20097:00 amRNSInterim Results
21st Jul 20096:22 pmRNSHolding(s) in Company
17th Jun 20092:23 pmRNSTrading Statement
4th Jun 20097:00 amRNSHolding(s) in Company
27th May 200912:40 pmRNSDirector/PDMR Shareholding
11th May 20097:00 amRNSHolding(s) in Company
29th Apr 20093:03 pmRNSAdditional Listing
28th Apr 20097:00 amRNSHolding(s) in Company
24th Apr 200911:18 amRNSResult of AGM
23rd Apr 20097:00 amRNSInterim Management Statement
14th Apr 20094:40 pmRNSSecond Price Monitoring Extn
14th Apr 20094:35 pmRNSPrice Monitoring Extension
9th Apr 200910:48 amRNSAnnual Information Update
20th Mar 200911:44 amRNSAnnual Report and Accounts
16th Mar 20091:13 pmRNSHolding(s) in Company
27th Feb 20092:51 pmRNSHolding(s) in Company
25th Feb 20094:35 pmRNSPrice Monitoring Extension
25th Feb 20097:00 amRNSFinal Results
5th Feb 20098:39 amRNSNotice of Results & Trading Update
12th Jan 200912:52 pmRNSHolding(s) in Company
10th Dec 20086:33 pmRNSHolding(s) in Company
10th Dec 20086:30 pmRNSHolding(s) in Company
10th Dec 20086:29 pmRNSHolding(s) in Company
1st Dec 20087:00 amRNSHolding(s) in Company
28th Nov 20088:00 amRNSDirector/PDMR Shareholding
21st Nov 20089:25 amRNSDirector/PDMR Shareholding
28th Oct 20086:16 pmRNSHolding(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.