Today’s update from 4imprint shows that the positive trading environment experienced in the first half has continued through Q3. Management has (again) lifted guidance for the full year. It now indicates revenue of around $1.1bn, generating PBT of not less than $90m, and we have raised our forecasts accordingly, with uplifts also to FY23 and FY24 estimates. With the inherent strong cash generation and $79m of cash balances as at end October, we view it as increasingly likely that a special dividend may be declared for FY22 alongside regular payments.
04 Nov 2022
4imprint Group - Buoyant orders support further upgrade
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4imprint Group - Buoyant orders support further upgrade
4imprint Group plc (FOUR:LON) | 6,265 1879.5 0.5% | Mkt Cap: 1,765m
- Published:
04 Nov 2022 -
Author:
Fiona Orford-Williams -
Pages:
3
Today’s update from 4imprint shows that the positive trading environment experienced in the first half has continued through Q3. Management has (again) lifted guidance for the full year. It now indicates revenue of around $1.1bn, generating PBT of not less than $90m, and we have raised our forecasts accordingly, with uplifts also to FY23 and FY24 estimates. With the inherent strong cash generation and $79m of cash balances as at end October, we view it as increasingly likely that a special dividend may be declared for FY22 alongside regular payments.