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

dl finance generic calculator figures spreadsheet accounting — Sharecast / Pixabay

4Imprint Group

4,760.00p

17:15 20/12/24

-0.21%

-10.00p

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

FTSE 250

20,450.69

17:14 20/12/24

n/a

FTSE 350

4,463.29

17:14 20/12/24

n/a

FTSE All-Share

4,421.11

17:04 20/12/24

n/a

Media

12,852.12

17:14 20/12/24

-0.51%

-65.56

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.