4imprint set to materially beat analysts' estimates for 1H profits

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4Imprint Group

5,200.00p

15:44 15/11/24

-2.44%

-130.00p

4imprint said that demand continued to be robust and that it was set to beat analysts' estimates for half-year profits.

FTSE 250

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FTSE All-Share

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Media

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15:45 15/11/24

-2.67%

-343.44

The marketer of promotional merchandise said that demand in the first half of 2023 continued to be "encouraging" with year-to-date total order intake 18% ahead on the year before.

In a trading statement, 4imprint also said that it was anticipating a "strong" first half for revenues, profits and cash.

It guided towards full-year revenues slightly above $1.3bn, adding that profit before tax would "materially" exceed analysts' estimates at no less than $125m.

The company credited revenue growth, higher gross margins and "strong" returns on marketing investment for that outcome.

As of 1255 BST, shares of 4imprint were jumping by 12.63% to 4,995.0p.