This morning's results from FOUR starkly reflect the impact of the pandemic on the company's mid-sized US corporate customer base and on demand generally in the US economy, with gross margins eroding from 32.5% to 29.1% and underlying PBT of $US0.25m a fraction of the H1-19A $US19.8m. Just shy of half a million orders processed in the first half compares with nearly 800,000 in the comparative period in 2019. All of this said, however, these results reflect both the start of improving trends d ....
13 Aug 2020
WHI First Light: 4imprint (FOUR) - H1 results reflect Covid, but cash plus the operating model sustain the company for future resurgence
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WHI First Light: 4imprint (FOUR) - H1 results reflect Covid, but cash plus the operating model sustain the company for future resurgence
4imprint Group plc (FOUR:LON) | 6,360 0 0.0% | Mkt Cap: 1,792m
- Published:
13 Aug 2020 -
Author:
Nick Spoliar -
Pages:
5
This morning's results from FOUR starkly reflect the impact of the pandemic on the company's mid-sized US corporate customer base and on demand generally in the US economy, with gross margins eroding from 32.5% to 29.1% and underlying PBT of $US0.25m a fraction of the H1-19A $US19.8m. Just shy of half a million orders processed in the first half compares with nearly 800,000 in the comparative period in 2019. All of this said, however, these results reflect both the start of improving trends d ....