4imprint Group plc (the 'Group' or the 'Company'), a leading international direct marketer of promotional products, announces today its half year results for the period ended 27 June 2015 which are reported in US dollars following the change in the Group's presentational currency as announced on 5 November 2014.
Highlights
Financial - continuing operations |
Half year
$m
|
Half year 2014
(restated)†
$m
| Change |
Revenue | 231.03 | 193.06 | +20% |
Underlying* profit before tax | 12.19 | 9.77 | +25% |
Profit before tax | 11.41 | 7.29 | +57% |
Underlying* basic EPS (cents) | 31.25 | 26.69 | +17% |
Basic EPS (cents) | 29.01 | 19.28 | +50% |
Proposed interim dividend per share (cents) | 12.09 | 10.51 | +15% |
Proposed interim dividend per share (pence) | 7.75 | 6.20 | +25% |
*Underlying is before share option related charges, defined benefit pension charges and exceptional items.
† Restated for the change in presentational currency to US dollars.
Operational
-
Strong organic revenue growth in both North America (96% of revenue) and UK
- Orders 21% ahead of 2014
- More than 450,000 orders received
- Re-order rates consistent
- Robust financial position; net cash $28m ($18m at 27 December 2014)
- Infrastructure investment of $9m in the North American business, on target for completion in September 2015
- 78% of the pension liability insured; further risk reduction in progress
For further information, please contact:
4imprint Group plc
Tel. + 44 (0) 20 7299 7201
Kevin Lyons-Tarr - CEO
David Seekings - CFO
MHP Communications
Tel. + 44 (0) 20 3128 8100
Reg Hoare
Katie Hunt
29 Jul 2015 Half year results for the period ended 27 June 2015 (480KB PDF)
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