16/03/2022

4imprint Group plc (the “Group”), a direct marketer of promotional products, today announces its final results for the 52 weeks ended 1 January 2022.

Financial Overview

2021
52 weeks
$m		2020
53 weeks
$m		Change

Revenue

Operating profit

Profit before tax

Cash

787.32

30.65

30.23

41.59

560.04

3.97

3.84

39.77

+41%

+672%

+687%

+5%

Basic EPS (cents)

Total paid and proposed dividend per share (cents)

Total paid and proposed dividend per share (pence)

80.46

45.00

33.82

11.03

-

-

+629%

2021 is a 52 week period and 2020 is a 53 week period. See page 6.

Operational Overview
  • Strong trading recovery in 2021 after pandemic-impacted performance in 2020
  • 1,429,000 total orders processed in 2021 (2020: 960,000); 263,000 new customers acquired in the year (2020: 173,000)
  • Evolving marketing mix, including significant acceleration of brand component
  • Complex and disruptive supply chain issues in the second half of 2021 resulting in elevated order backlog at year end
  • Commitment to $2m in capital expenditure in 2022 for clean energy solar project at Oshkosh distribution centre
  • Strong financial position: cash balance of $41.59m; no debt
  • Re-introduction of Shareholder dividends; Interim (paid): 15.00c; Final (proposed): 30.00c

"The recovery in the Group’s financial performance in 2021 has been very encouraging. Most importantly, it was driven by decisions and actions fully aligned with the Group’s strategy, culture and focus on the sustainability of the longer-term health of the business.

"Challenges continue with regard to the ongoing pandemic, supply chain disruption and inflationary pressures. However, the Group has a clear strategy and is financially strong. Our business model is flexible and resilient and our market opportunity remains attractive.

"Trading results in the first few weeks of 2022 have been encouraging."

Paul Moody, Chairman

For further information, please contact:
4imprint Group plc
Tel. + 44 (0) 20 3709 9680
hq@4imprint.co.uk
Kevin Lyons-Tarr, CEO
David Seekings, CFO

MHP Communications
Tel. + 44 (0) 7884 494 112
4imprint@mhpc.com
Katie Hunt

Read the announcement in full – click here