05 Mar 2014 Final Results for the period ended 28 December 2013

4imprint Group ("the Group"), a leading direct marketer of promotional products, today announces its full year results for the period ended 28 December 2013.

Highlights

 Financial - continuing operations 2013
£m 		2012
restated†
£m 		Change
Revenue 212.86 183.51 +16%
Underlying* profit before tax 12.50 9.20 +36%
Profit before tax 9.25 6.37 +45%
Underlying* basic EPS (p) 35.51 25.03 +42%
Basic EPS (p) 25.64 16.41 +56%
Interim dividend (p) 17.00 15.45 +10%

*Underlying is before share option related charges, defined benefit pension charges and exceptional items

† Restated for amendments to IAS 19, to classify SPS as a discontinued operation and to include delivery receipts  and other income in revenue

Operational highlights

  • Strong growth in revenue and profit
  • 4imprint Direct Marketing
    • Continued organic growth in North America - Order numbers 15% ahead of 2012
      • More than 600,000 orders received
      • Re-order rates strong
    • UK Direct Marketing revenue 12% ahead of 2012
  • Sale of SPS completed in February 2014 for gross proceeds of £7.25m
  • Robust financial position; net cash £15.76m, an increase of £5.08m

John Poulter, Chairman said:

"2013 was another successful year. Following the sale of SPS, 4imprint is now a pure play Direct Marketing business with significant growth prospects.

Early indications for 2014 are of continuing good operational performance in line with our aspirations although the dollar exchange rate will, if sustained, act as a headwind on performance measured in sterling."

For further information, please contact:

4imprint Group plc
John Poulter, Chairman
Gillian Davies, Group Finance Director
Tel. + 44 (0) 20 7299 7201

MHP Communications
Reg Hoare
Katie Hunt
Tel. + 44 (0) 20 3128 8100

05 Mar 2014 Final Results for the period ended 28 December 2013 (129KB PDF)

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