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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
4imprint Group Plc | LSE:FOUR | London | Ordinary Share | GB0006640972 | ORD 38 6/13P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.00 | 0.16% | 6,320.00 | 6,350.00 | 6,370.00 | 6,390.00 | 6,050.00 | 6,050.00 | 68,003 | 16:35:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 1.33B | 106.2M | 3.7837 | 16.84 | 1.79B |
TIDMFOUR
RNS Number : 3795M
4imprint Group PLC
21 January 2021
21 January 2021
4imprint Group plc
Trading Update and Notice of Final Results
4imprint Group plc (the "Group"), the international direct marketer of promotional products, intends to announce its final results for the year ended 2 January 2021 on Tuesday 16 March 2021. Ahead of its final results, the Group today provides a trading update.
In our update of 30 October 2020, we noted that weekly order intake had recovered to just above 60% of 2019 level. This recovery continued into the final two months of 2020, resulting in order intake for the fourth quarter on a like-for-like basis of 70% of the prior year.
Unaudited Group revenue for the year ended 2 January 2021 was approximately $560.0m, a decrease of 35% compared to 2019. Underlying* profit before tax for the full year 2020 is expected to be in line with the Board's expectations.
The Group remains in a strong financial position with ample liquidity. The unaudited net cash balance at the 2020 year-end was around $39.8m, (2019: $41.1m).
Although pandemic-related uncertainty remains a challenge, the Board is proud of the resilience and flexibility demonstrated by the Group's people and business operations, leaving 4imprint well placed to capitalise on the opportunities presented by recovering markets.
* Underlying is before defined benefit pension charges and exceptional items.
For further information, please contact:
4imprint Group plc MHP Communications Tel. + 44 (0) 20 3709 9680 Tel. +44 (0) 7884 494112 Kevin Lyons-Tarr , Chief Executive Officer Katie Hunt David Seekings, Chief Financial Officer Rachel Mann
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(END) Dow Jones Newswires
January 21, 2021 02:00 ET (07:00 GMT)
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