Condividi

11/08/2021 - 4imprint Group plc: Half year results for the 26 weeks ending 3 July 2021 (unaudited)

[X]
Half year results for the 26 weeks ending 3 july 2021 (unaudited)

4imprint Group plc (the 'Group'), a direct marketer of promotional products, today announces its half year results for the 26 weeks ended 3 July 2021.

Financial overview

Half year 2021
$m

Half year 2020
$m

Revenue

Underlying* profit before tax

Profit before tax

Cash

326.81

3.55

3.37

52.80

265.81

0.25

0.03

37.49

Underlying* basic EPS (cents)

Basic EPS (cents)

Interim dividend per share (cents)

Interim dividend per share (pence)

9.65

9.12

15.00

10.83

0.73

0.07

nil

nil

* Underlying is before defined benefit pension charges (see note 9 for reconciliation to equivalent IFRS measure).

The results for the half year and prior half year are unaudited.

Operational overview

  • Robust recovery in demand:
    • 616,000 total orders processed in H1 2021 (H1 2020: 470,000; H1 2019: 778,000)
    • 113,000 new customers acquired in H1 2021 (H1 2020: 81,000; H1 2019: 147,000)
    • July 2021 order counts running above pre-pandemic (2019) levels
  • Marketing portfolio successfully re-shaped during the pandemic; well positioned in recovering markets
  • Attractive market share opportunity in H2; will require careful management in conjunction with pandemic-related supply chain challenges and cost increases
  • Re-introduction of biannual dividend payments; interim dividend of 15.00c per share declared
  • Strong financial position: cash balance of $52.80m (27 June 2020: $37.49m); no debt

Paul Moody, Chairman said:

'The Board is confident that the Group's markets remain highly attractive and addressable, and that the core strength of its flexible business model and competitive positioning will allow it to return to its pre-COVID-19 organic growth profile.'

For further information, please contact:

4imprint Group plc
Kevin Lyons-Tarr - CEO
David Seekings - CFO
Tel. + 44 (0) 20 3709 9680
hq@4imprint.co.uk

MHP Communications
Katie Hunt
Rachel Mann
Tel. + 44 (0) 20 3128 8794
4imprint@mhpc.com

Read the announcement in full

Disclaimer

4imprint Group plc published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 06:16:20 UTC.

MoneyController ti propone anche

Condividi