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Trading Statement

1 Aug 2023 08:47

RNS Number : 8913H
4imprint Group PLC
01 August 2023
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1 August 2023

4imprint Group plc ("4imprint" or the "Group")

Update on Current Trading

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

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Ahead of the announcement of its 2023 Interim results on 9 August 2023, 4imprint today provides an update on the Group's trading, operations and financial performance.

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The business has seen continued encouraging results at the demand level in the first half of 2023, with year-to-date total order intake up 18% over the same period in 2022. We expect to announce a strong first half performance in revenue, profitability and cash.

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The Board's expectation, based on the latest financial results and recent internal forecasts, is that full year 2023 Group revenue will now be slightly above $1.3bn. Group profit before tax for the full year 2023 is expected to be materially above the current consensus of analysts' forecasts, and not less than $125m. This favourable profitability dynamic results principally from revenue growth combined with a strengthened gross margin percentage and strong returns on marketing investment.

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The Board remains very confident in the Group's strategy, business model and competitive position.

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The person responsible for arranging the release of this announcement on behalf of 4imprint Group plc is David Seekings, its Chief Financial Officer.

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For further information, please contact:

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4imprint Group plc

MHP Group

Tel: + 44 (0) 20 3709 9680

Tel: +44 (0) 20 3128 8794

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Kevin Lyons-Tarr, Chief Executive Officer

Katie Hunt

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David Seekings, Chief Financial Officer

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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END
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TSTDFLBBXVLZBBE
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