4imprint shares surge on earnings forecasts upgrade
Shares in 4imprint Group surged on Friday as the promotional merchandise maker said it expected annual earnings to be slightly above forecasts after a strong trading performance during 2023.
4Imprint Group
6,280.00p
16:40 26/04/24
-0.63%
-40.00p
FTSE 250
19,824.16
16:59 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
Media
11,859.60
16:59 26/04/24
1.21%
142.01
Group revenue was forecast to rise 16% to $1.33bn with pre-tax profit of at least $140m, slightly above the upper end of the current range of analysts' forecasts and 2022’s $104m.
Cash and bank deposits at the 2023 year-end were $105m, up from $87m.
Reporting by Frank Prenesti for Sharecast.com