4imprint has reported a strong set of H1 results with sales +17% on the prior period, PBT +1% reflecting the previously announced investment in marketing and EPS +13% benefiting from US tax reductions. The initial results from the investment in brand marketing have exceeded management expectations, boding very well for continued growth. We have upgraded FY 2018E EPS by 3% and FY 2019E by 4% and reiterate our view that 4imprint will continue to take market share in its large end market, drivin
31 Jul 2018
4imprint - Brand marketing results ahead of expectations
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4imprint - Brand marketing results ahead of expectations
4imprint Group plc (FOUR:LON) | 6,265 1879.5 0.5% | Mkt Cap: 1,765m
- Published:
31 Jul 2018 -
Author:
Guy Hewett -
Pages:
7
4imprint has reported a strong set of H1 results with sales +17% on the prior period, PBT +1% reflecting the previously announced investment in marketing and EPS +13% benefiting from US tax reductions. The initial results from the investment in brand marketing have exceeded management expectations, boding very well for continued growth. We have upgraded FY 2018E EPS by 3% and FY 2019E by 4% and reiterate our view that 4imprint will continue to take market share in its large end market, drivin