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 plc
Tel: + 44 (0) 20 7299 7201
John Poulter
Chairman
Gillian Davies
Group Finance Director
MHP Communications
Reg Hoare
Tel: + 44 (0) 20 3128 8793
Katie Hunt
Tel: + 44 (0) 20 3128 8794
*Underlying is before share option charges, defined benefit pension charges and exceptional items.