4imprint shares surge on earnings forecasts upgrade
Shares in 4imprint Group surged on Friday as the promotional merchandise maker said it expected annual earnings to be slightly above forecasts after a strong trading performance during 2023.
4Imprint Group
5,050.00p
16:40 03/12/24
-0.39%
-20.00p
FTSE 250
20,892.74
16:59 03/12/24
n/a
n/a
FTSE 350
4,607.59
16:59 03/12/24
n/a
n/a
FTSE All-Share
4,562.54
17:14 03/12/24
n/a
n/a
Media
13,251.95
16:59 03/12/24
-0.01%
-1.66
Group revenue was forecast to rise 16% to $1.33bn with pre-tax profit of at least $140m, slightly above the upper end of the current range of analysts' forecasts and 2022’s $104m.
Cash and bank deposits at the 2023 year-end were $105m, up from $87m.
Reporting by Frank Prenesti for Sharecast.com