By Iain Gilbert
Date: Thursday 16 Jan 2020
LONDON (ShareCast) - (Sharecast News) - Promotional products group 4imprint said it had delivered further "encouraging" organic revenue growth during the second half of 2019.
The company on Thursday said unaudited group revenues for the year to December 28 were $860.8m - an increase of 17% year-on-year. Underlying pre-tax profits were expected to be at the upper end of current market forecast range.
The FTSE 250-listed group said it retained a strong balance sheet, with an unaudited net cash balance of around $41.0m at year-end.
"The board remains committed to its strategy of driving organic revenue growth through investment in marketing, people and the group's operational assets," said 4imprint.
As of 0955 GMT, 4imprint shares were up 1.19% at 3,390p.