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

by | Aug 1, 2023

(Sharecast News) – 4imprint said that demand continued to be robust and that it was set to beat analysts’ estimates for half-year profits.
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.

Related articles

Full-year profits slide at Close Brothers

Full-year profits slide at Close Brothers

(Sharecast News) - Close Brothers Group reported a decline in its full-year statutory operating profit before tax on Tuesday, to ÂŁ112m from 2022's ÂŁ232.8m. The FTSE 250 company said that figure included provisions of ÂŁ114.6m related to Novitas, which it disclosed in...

Latest Articles

Full-year profits slide at Close Brothers

Full-year profits slide at Close Brothers

(Sharecast News) - Close Brothers Group reported a decline in its full-year statutory operating profit before tax on Tuesday, to ÂŁ112m from 2022's ÂŁ232.8m. The FTSE 250 company said that figure included provisions of ÂŁ114.6m related to Novitas, which it disclosed in...

Join our mailing list

Subscribe to our mailing list to receive regular updates!

No Fields Found.
x