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Trading Update and Notice of Final Results

20th Jan 2014 07:00

RNS Number : 9978X
4imprint Group PLC
20 January 2014
 

4imprint Group plc 20 January 2014

Trading update

Notice of results

4imprint Group plc ("4imprint" or "the Group"), the international promotional products Group today provides a trading update, ahead of its final results for the year ended 28 December 2013, which it intends to announce on Wednesday 5 March 2014. The Group confirms a positive trading performance for the fourth quarter and for the full year.

Unaudited Group revenue for the year ended 28 December 2013 was £211.7m, 16% ahead of the prior year at £182.9m. Fourth quarter revenue at £54.5m was 17% ahead of the same period last year.

Unaudited revenue for 4imprint Direct Marketing for the year was £196.4m, 16% ahead of prior year at £168.9m. Fourth quarter revenue at £50.4m was 17% ahead. 4imprint Direct Marketing North America unaudited revenue for the year was $294.9m, 15% ahead of prior year. The average USD exchange rate for the year was $1.56 (2012: $1.58). UK Direct Marketing revenue was 12% ahead of the prior year.

Unaudited total revenue for SPS for the year was £16.9m, 9% ahead of prior year and fourth quarter revenue was 13% ahead.

Group underlying* profit before tax for the year will be not less than £13.3m compared to the prior year at £10.0m.

The Group remains in a strong financial position with net cash of c.£15.5m (2012: £10.7m) at the year end.

 

For further information please contact:

4imprint Group plcTel: + 44 (0) 20 7299 7201John PoulterChairman

Gillian DaviesGroup Finance Director

MHP Communications

Reg HoareTel: + 44 (0) 20 3128 8793

Katie HuntTel: + 44 (0) 20 3128 8794

*Underlying is before share option charges, defined benefit pension charges and exceptional items.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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