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4imprint Group Reports Strong 2024 Financial Performance Amid Market Challenges

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4imprint Group Reports Strong 2024 Financial Performance Amid Market Challenges

4Imprint ( (GB:FOUR) ) has issued an update.

4imprint Group plc reported a strong financial performance for 2024, with a 3% increase in revenue to $1.37 billion and a 10% rise in profit before tax to $154.4 million. The company completed a $20 million expansion of its Oshkosh distribution center, supporting growth in its apparel category. Despite a challenging economic environment, 4imprint maintained a double-digit operating profit margin and increased its market share. The company remains well-financed with $147.6 million in cash and bank deposits, and it continues to invest in marketing and infrastructure to capitalize on future growth opportunities.

More about 4Imprint

4imprint Group plc is a direct marketer specializing in promotional products. The company focuses on providing a wide range of promotional items to businesses, aiming to increase their market share in the fragmented promotional products industry.

YTD Price Performance: -1.34%

Average Trading Volume: 101,193

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.35B

For detailed information about FOUR stock, go to TipRanks’ Stock Analysis page.

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