4imprint is a direct marketing business supplying an extensive range of promotional products and branded apparel to individual buyers in a wide variety of businesses and organisations throughout the USA, Canada, UK and Ireland. 4imprint is the largest direct marketer of promotional products in both the US and Canadian promotional products markets, together totalling $22 billion, and is a leading player in the $1billion UK market. In North America, 4imprint has grown significantly ahead of the market with a five year compound annual growth rate of 15%, consistently gaining market share over this period during which the total market has declined by 1%. Growth has been achieved organically and without investing significant capital.

Background

Promotional products are purchased by a wide range of individuals within all types of organisations. These products are used as an integral part of sales and marketing activities, recruitment and recognition schemes, health and safety programmes and other initiatives to make a lasting connection between the customer organisation and the recipient. The range of products is diverse from basic giveaways such as pens, bags and drinkware to more exclusive products such as embroidered clothing, business gifts and full colour trade show displays.

Position

The market place is highly fragmented comprising more than 21,000 distributors, of which more than 90% each have annual sales of less than $2.5 million. 4imprint has a unique business model through which to address the market. The business uses innovative catalogue and internet-based marketing techniques to acquire new customers and targeted marketing such as Blue Boxes (samples and tailored individual marketing), internet advertising and subscription e-mails to retain customers and generate repeat purchases. This allows 4imprint to address millions of potential purchasers, offering thousands of customised products. Substantial supplier partnerships facilitate rapid and efficient deliveries on short lead times.

Competitive Advantage

4imprint has developed its competitive advantage through the investment of free cash flow to increase its market share using bespoke marketing methods and technology, consequently increasing barriers to entry.

This model offers the customer an easy and convenient way to purchase an extensive range of products via telephone or over the web with the assistance of a highly skilled customer service team. The customer receives free samples, free artwork and unique service guarantees such as 'on time or free' and 'total satisfaction or your money back'.

The model is backed by innovative proprietary technology which provides a fast and simple experience for the customer as well as providing an efficient platform for processing hundreds of thousands of customised orders to tight lead times, including seamless interfaces with key suppliers. Complex database analytics support targeted marketing to millions of potential customers and hundreds of thousands of existing customers.

The US and Canadian markets are serviced out of the principal office in Wisconsin, and the UK and Irish markets out of a UK facility. 4imprint has a strong working culture committed to equipping employees with training and tools to deliver a superior customer experience which is a key component of growth. The US business has been named in the top ten best medium sized companies to work for in USA, in each of the past four years.

http://investors.4imprint.com/4imprintgrp/en/home

One of Shares 15 for 2015



Financial Calendar

27 December 2014 Year End
January 2015 Trading Update
March 2015 Full Year Results Announcement
May 2015 AGM

Interim Management Statement

RNS


RNS Number : 1620V

4imprint Group PLC

24 October 2014






4imprint Group plc

Interim Management Statement 24 October 2014



4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, today issues its Interim Management Statement for the period from 29 June 2014 to 23 October 2014, incorporating information relating to the financial performance of the Group for its third quarter, being the period from 29 June 2014 to 27 September 2014, and the year to date (nine months) compared with the equivalent periods last year.



The Group continues to report strong organic growth. Revenue* for the third quarter was £66.13m, 16% ahead of last year. Year to date revenue* was £181.79m, 15% ahead of last year. The average year to date USD exchange rate was 1.67 (2013:1.55).



North American revenue* in US dollars for the third quarter was $106.14m, 25% ahead. Year to date revenue* was $291.24m, 24% ahead.



As in the first half, the growth was driven by the rate of increase in marketing spend compared to last year, capitalising on recent opportunities for enhanced online marketing. The number of orders received from existing customers compared to last year increased by 25% in the third quarter and by 22% year to date. Orders from new customers compared to last year also increased by 25% in the third quarter and by 22% year to date.



The UK Direct Marketing business achieved third quarter revenue* growth of 27%, with year to date revenue* at £7.39m, 23% ahead.



Financial position

On 17 September 2014, the Group announced that the Trustee of the 4imprint Group Pension Scheme had completed a pension buy-in transaction and a Company contribution of £13.73m was paid to the Scheme at that date. The buy-in is in line with the established strategy of reducing the risk of the Group's legacy pension scheme. Approximately 76% of the Scheme's total liabilities are now insured.



At the end of the third quarter the Group had net cash of £7.82m, compared to £26.13m reported at 28 June 2014, following the pension contribution above and regular second half outflows.



Change in presentational currency

The Board has decided to present the Group's financial statements in US dollars with effect from the 2014 year end results announcement due to be reported in March 2015. A substantial proportion of the Group's revenue and earnings originate in US dollars and the change will therefore more closely align external reporting with the profile of the Group. In future, dividends will be determined in US dollars and paid in Sterling at the exchange rate at the time the dividend is determined. More information, including restated H1 2014 and FY 2013 figures will be provided in an RNS in November.





Outlook

The Group has continued to achieve strong revenue growth, leaving it ahead of management expectations at this stage in the year and underpinning the Board's expectation that the Group will achieve a good result for the year as a whole.

Trading Update and Notice of Final Results
RNS
RNS Number : 1971C
4imprint Group PLC
15 January 2015



4imprint Group plc 15 January 2015

Trading Update and Notice of Final Results

4imprint Group plc ("4imprint" or the "Group"), the leading international direct marketer of promotional products today provides a trading update, ahead of its final results for the year ended 27 December 2014, which it intends to announce on Wednesday 4 March 2015.

The Group continued to report strong organic growth for the fourth quarter and the year as a whole, compared with the equivalent periods in 2013, consistent with the trends reported in its Interim Management Statement issued on 24 October 2014.

In line with the announcement on 5 November 2014, the Group is now reporting its results in US dollars.

Unaudited Group revenue* for the year ended 27 December 2014 was $415.8m, 25% ahead of prior year at $332.9m. Unaudited fourth quarter revenue* at $112.2m was 27% ahead of the same period in the prior year ($88.1m). North American revenue* increased by 28% in the fourth quarter and 25% for the full year. At constant currency, UK revenue increased by 23% in the fourth quarter and 23% for the full year.

Group underlying** profit before tax will be slightly above market expectations.

Financial position

The Group remains in a strong financial position with net cash of circa $19m at the end of the year (2013: $26.0m), following the $22.4m initial contribution to the pension scheme in respect of the pension buy-in transaction completed in September 2014.

The Board has approved the expansion of its US facilities in Oshkosh, with expected cash outflow of circa $9m in 2015. This expansion will provide the necessary infrastructure for growth of the North American business over the next five years.



*Revenue includes delivery receipts and other income and excludes discontinued operations. Prior periods have been restated for the impact of these items.

**Underlying is before share option related charges, defined benefit pension charges and exceptional items.

15 Jan finnCap 1,001.00 Buy

4 imprint: WH Ireland increases target price from 875p to 925p and keeps a 'buy' recommendation.

19 Jan finnCap 1,077.00 Buy

Shares - the upgrade has prompted analysts to upgrade their earnings estimates with FinnCap lifting 2014earnings per share by 7% and its 2015 forecast by 10%. There's more to come from 4imprint.

4imprint Group PLC (FOUR:LSE) set a new 52-week high during today's trading session when it reached 892.00. Over this period, the share price is up 21.05%.

A lot of new highs being reached today -

4imprint Group PLC (FOUR:LSE) set a new 52-week high during today's trading session when it reached 897.50. Over this period, the share price is up 28.31%.

4imprint Group PLC (FOUR:LSE) set a new 52-week high during today's trading session when it reached 929.50. Over this period, the share price is up 32.90%.

4imprint Group PLC (FOUR:LSE) set a new 52-week high during today's trading session when it reached 1,000.00. Over this period, the share price is up 45.93%.

//////////////////////////////////////////////////////////////////////////////////////////////////


Final Result
04 Mar 15 4imprint Group PLC [FOUR]

Final results

4 Mar Liberum Capital 1,150.00 Buy
4 Mar finnCap 1,077.00 Buy

AGM Statement
RNS
RNS Number : 3454M
4imprint Group PLC
06 May 2015

6 May 2015



4imprint Group plc



AGM Trading Statement



4imprint Group plc ("the Group"), the leading direct marketer of promotional products, today holds its Annual General Meeting of shareholders at which John Poulter, Chairman, is making the following remarks:



"The Group has built a strong position in a large but still highly fragmented market, and its overall business strategy remains unchanged. Profit growth will be driven by continuing to reinvest in marketing to expand market share and to grow revenue rapidly, while maintaining a broadly constant operating margin percentage.



Trading in the first four months of the year has been encouraging, with revenues 20.7% ahead of the comparative prior year period and order intake 21.8% ahead, with a good balance between order levels from new and existing customers.



Although it is still early in the year, indications are positive for the Group's half and full year performance, in keeping with the strategy."

28 May Liberum Capital 1,220.00 Buy

Half year results

29 Jul Liberum Capital 1,220.00 Buy
29 Jul finnCap 1,365.00 Buy

21 Oct finnCap 1,365.00 Buy

4imprint Group: WH Ireland downgrades to outperform, bumps up target price to 1415.00p.

Director selling today . Shares - Could be facing mountain's in the second half of 2015. Time to sell.

Half year report

Broker Forecast - Liberum Capital issues a broker note on 4imprint Group PLC

Liberum Capital today reaffirms its buy investment rating on 4imprint Group PLC (LON:FOUR) and raised its price target to 1600p (from 1350p). Story provided by StockMarketWire.com

10:50 02/08/2016
Broker Forecast - finnCap issues a broker note on 4imprint Group PLC

finnCap today reaffirms its buy investment rating on 4imprint Group PLC (LON:FOUR) and raised its price target to 1790p (from 1540p). Story provided by StockMarketWire.com

10:30 02/08/2016
Broker Forecast - Peel Hunt issues a broker note on 4imprint Group PLC

Peel Hunt today downgrades its investment rating on 4imprint Group PLC (LON:FOUR) to add (from buy) and raised its price target to 1500p (from 1400p). Story provided by StockMarketWire.com

Ex dividend Wed 17 Aug 12.3p

Trading Update
RNS
RNS Number : 0441O
4imprint Group PLC
02 November 2016
 
4imprint Group plc
Trading Update
 
4imprint Group plc, (the "Group"), the leading direct marketer of promotional products, today issues an update on Group trading performance.
 
In the period since the half year results announcement on 2 August 2016, further organic revenue growth has been achieved.
 
As a result, the Board anticipates that full year revenue and underlying profit before tax will be in line with market expectations. 
 

14:30 02/11/2016
Broker Forecast - Liberum Capital issues a broker note on 4imprint Group PLC
Liberum Capital today reaffirms its buy investment rating on 4imprint Group PLC (LON:FOUR) and raised its price target to 1800p (from 1600p). Story provided by StockMarketWire.com
13:00 02/11/2016
Broker Forecast - Peel Hunt issues a broker note on 4imprint Group PLC
Peel Hunt today reaffirms its add investment rating on 4imprint Group PLC (LON:FOUR) and raised its price target to 1700p (from 1500p). Story provided by StockMarketWire.com
10:30 02/11/2016
Broker Forecast - finnCap issues a broker note on 4imprint Group PLC
finnCap today reaffirms its buy investment rating on 4imprint Group PLC (LON:FOUR) and raised its price target to 1860p (from 1790p). Story provided by StockMarketWire.com

17 Nov
finnCap
1,860.00
Buy

Half year report

US Tax Reform
RNS
RNS Number : 2812B
4imprint Group PLC
09 January 2018

4imprint Group plc
9 January 2018

Impact on 4imprint from US Tax Reform

4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, today provides guidance on the expected impact on the Group from recent US tax legislation, ("US Tax Reform").

Given that most of 4imprint's operations (97% of Group revenue) are based in the USA, the Board expects that US Tax Reform will have a beneficial impact on the Group's prospective financial position.

For the year ended 30 December 2017, no change is expected to the Group effective tax rate previously guided at c.30%. The revaluation of relevant non-cash deferred tax items at the new US corporate tax rate is not expected to produce a material effect on the Group's 2017 financial statements.

For the 2018 financial year and beyond, however, the reduction in the Federal tax rate from 35% to 21% is expected to have a positive impact on the Group's financial results. Initial projections indicate that the Group's effective tax rate would decrease from c.30% in 2017, settling in the low 20's% from 2018 onwards. This would result in a beneficial impact on earnings per share calculations. In addition, substantially all of the rate change is likely to translate into lower tax payments, thereby enhancing the cash generation capability of the Group.

The final US Tax Reform legislation is extensive and complex, and the full implications for the Group are still being analysed. It is anticipated that more detailed guidance will be given at the time of the announcement of the Group's final results in early March 2018. In the meantime, the Group plans to issue its usual January trading update on 17 January 2018.

Trading Statement
RNS
RNS Number : 0586C
4imprint Group PLC
17 January 2018

4imprint Group plc
17 January 2018

Trading Update and Notice of Final Results

4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, intends to announce its final results for the year ended 30 December 2017 on Wednesday 7 March 2018. Ahead of its final results, the Group today provides a trading update.

The Group enjoyed robust organic revenue growth during the fourth quarter of 2017. Unaudited Group revenue for the year ended 30 December 2017 was $627.5m, 12% higher than the prior year comparative of $558.2m. Underlying* profit before tax for 2017 is expected to be in line with the Board's expectations.

The Group's financial position remains strong, with an unaudited net cash balance at the 2017 year-end of c. $30.7m, (2016: $21.7m).

* Underlying is before share option related charges, defined benefit pension charges and exceptional items.

8 May
Peel Hunt
N/A
Add
8 May
Liberum Capital
2,150.00
Buy
8 May
finnCap
2,346.00
Corporate

Trading Update
RNS
RNS Number : 9401F
4imprint Group PLC
01 November 2018

1 November 2018
4imprint Group plc
Trading Update

4imprint Group plc, (the "Group"), the leading direct marketer of promotional products, today issues an update on Group trading performance.

The Group's half-year results, announced on 31 July 2018, showed good progress towards the strategic goal of $1bn in revenue by 2022, and reflected very encouraging initial results from the brand marketing initiative launched in March 2018. That momentum has continued into the second half, producing overall demand consistent with the growth percentages experienced in the first half and retaining a healthy balance between new and existing customer orders.

Consequently, the Board now expects that full-year revenue and underlying* operating profit will both be towards the upper end of the range of current market forecasts.

* Underlying is before defined benefit pension charges and exceptional items

8:30 01/11/2018
Broker Forecast - Peel Hunt issues a broker note on 4imprint Group PLC
Peel Hunt today upgrades its investment rating on 4imprint Group PLC (LON:FOUR) to buy (from add) and raised its price target to 2400p (from 2050p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Trading Update and Notice of Final Results
RNS
RNS Number : 3148N
4imprint Group PLC
17 January 2019

17 January 2019
4imprint Group plc
Trading Update and Notice of Final Results

4imprint Group plc (the "Group"), the leading international direct marketer of promotional products, intends to announce its final results for the year ended 29 December 2018 on Tuesday 5 March 2019. Ahead of its final results, the Group today provides a trading update.

Following the pattern reported at the half year, the Group enjoyed further strong organic revenue growth during the second half of 2018. Unaudited Group revenue for the year ended 29 December 2018 was $738.4m, 18% higher than the prior year comparative of $627.5m. Encouraging progress continues to be made with the brand marketing initiative launched in March 2018. Underlying* profit before tax for the full year 2018 is expected to be at least at the upper end of the range of current market forecasts.

The Group remains well financed, with an unaudited net cash balance at the 2018 year-end of c. $27.5m, (2017: $30.8m).

The operational and financial performance of the Group in 2018 leaves it ahead of schedule towards its strategic goal of $1bn in revenue by 2022. In the context of this level of revenue growth, the Board is pleased to announce that it has accelerated by a year further planned expansion of its Oshkosh, Wisconsin Distribution Centre, at a capital cost in 2019 of around $5m.

* Underlying is before defined benefit pension charges and exceptional items, but after share option costs.