A continued strong performance in Q417 delivered 12% revenue growth in FY17 vs FY16, a shade ahead of our previous forecast. We see good top-line momentum into FY18e as the group takes further share in its large and fragmented market, benefiting from its targeted marketing. US taxation reforms will kick in for FY18 and our EPS forecast is lifted by 10%. Cash resource of $30.7m at end FY17 allows for an increased dividend with plenty of scope for additional investment as the business continues
17 Jan 2018
4imprint Group - Strong Q4, US tax change gains
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
4imprint Group - Strong Q4, US tax change gains
4imprint Group plc (FOUR:LON) | 6,265 1879.5 0.5% | Mkt Cap: 1,765m
- Published:
17 Jan 2018 -
Author:
Fiona Orford-Williams -
Pages:
3
A continued strong performance in Q417 delivered 12% revenue growth in FY17 vs FY16, a shade ahead of our previous forecast. We see good top-line momentum into FY18e as the group takes further share in its large and fragmented market, benefiting from its targeted marketing. US taxation reforms will kick in for FY18 and our EPS forecast is lifted by 10%. Cash resource of $30.7m at end FY17 allows for an increased dividend with plenty of scope for additional investment as the business continues