AGM Trading Statement
4imprint Group plc, (the "Group"), the leading direct marketer of promotional products, today holds its Annual General Meeting at which Paul Moody, Chairman, will make the following remarks:
"The Board believes that the Group's opportunity remains substantial and attractive in the markets in which it operates. We have confidence in our business model, which proved its flexibility and resilience through a period of market uncertainty in the fourth quarter of 2016. Accordingly, our well-established financial strategy remains appropriate: to prioritise marketing-driven organic revenue growth whilst maintaining a broadly constant operating margin percentage return.
Trading in the first four months of 2017 has been encouraging. Revenue growth and order intake were both up 9% over prior year, which was consistent with our expectations based on a deliberate re-phasing of annual marketing activity, with year-on-year increases weighted more towards the second half. Although it is still early in the year, current indications suggest a full year financial performance in line with market forecasts."
For further information, please contact:
4imprint Group plc
Tel. + 44 (0) 20 7299 7201
Kevin Lyons-Tarr, Chief Executive Officer
David Seekings, Chief Financial Officer
Tel. + 44 (0) 20 3128 8794