4imprint Group Continue to Grow
The Board of 4imprint Group plc, have published their Interim Management for the period from 3 July 2011 to 29 October 2011 incorporating information relating to the financial performance of the business. Group revenue for the third quarter was 12% ahead of prior year, at £58.93m. Year to date (39 weeks ended 1 October 2011) revenue was £162.56m, 10% ahead of prior year.
Brand Addition represent 28% of Group revenue, with total revenue in quarter three at £17.22m, 14% ahead of prior year. Year to date total revenue is 13% ahead of prior year at £45.73m. There was continued growth in both new and existing customers.
SPS represent 5% of Group revenue, with total revenue at £3.56m in quarter three (8% below prior year), whereas year to date total revenue at £10.75m was 16% below prior year.
4imprint Direct Marketing which represents 67% of Group revenue, has continued its trend of strong organic growth. North American revenue in quarter three was US$60.22m, 18% ahead of prior year and year to date revenue at US$167.52m also increased by 18%, compared to the circa 6% increase in the US promotional products market. Year to date total division revenue was £108.29m, 11% ahead of prior year.