As previewed in the recent trading update, 4imprint has reported very strong H1 results. Sales were up +58%, operating profit up 1,122% and net cash improved from $42m to $67m. Customer demand is at record levels, with orders processed up 44% on H1 2021 and average order value up +10%. Operating margins increased from 1.3% to 8.5% and are up from the 6.2% achieved pre pandemic in FY 2019, with a significant improvement in marketing effectiveness being the key driver. While management recognises ....
10 Aug 2022
4imprint - $1bn sales target set to be broken alongside a record margin
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4imprint - $1bn sales target set to be broken alongside a record margin
4imprint Group plc (FOUR:LON) | 6,240 -4992 (-1.3%) | Mkt Cap: 1,758m
- Published:
10 Aug 2022 -
Author:
Guy Hewett -
Pages:
9
As previewed in the recent trading update, 4imprint has reported very strong H1 results. Sales were up +58%, operating profit up 1,122% and net cash improved from $42m to $67m. Customer demand is at record levels, with orders processed up 44% on H1 2021 and average order value up +10%. Operating margins increased from 1.3% to 8.5% and are up from the 6.2% achieved pre pandemic in FY 2019, with a significant improvement in marketing effectiveness being the key driver. While management recognises ....