27th Oct 2008 07:00
4imprint Group plc
Interim Management Statement
The Board of 4imprint Group plc today issues its interim management statement for the period from 29 June 2008 to 27 September 2008
Group sales in Q3 at £42.4m were 20% ahead of the same period last year, and cumulative sales for the 9 months, at £120.5m, were 15% ahead. Seasonally, the third quarter is less strong than the second quarter.
In the Divisions, the Direct Marketing Division achieved Q3 sales in sterling of £25.6m, 30% ahead of last year and £68.6m for the 9 months, 24% ahead.
The End User Division achieved Q3 sales of £12.7m, 13% ahead of last
year, and £39.0m for the 9 months, 15% ahead.
Trade Division sales for Q3, at £4.1m, were 9% down on the same period
last year, while for the 9 months sales were £12.9m, 15% lower. Total sales, including inter divisional sales were £15.2m, 18% lower.
Unaudited cumulative Q3 Group operating profit before defined benefit pension costs, share option charges and exceptional costs was £7.0m, 3% ahead of last year.
Trading conditions generally in the main markets served by the Group, notably North America and the UK, remain uncertain and the Group continues to take appropriate initiatives to mitigate these conditions.
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