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White label merchandise and promotional products manufacturer 4imprint hiked its dividend by a third after a big jump in profits in 2023 on the back of market-share gains, though it did warn of a "softening" in the wider market towards the end of the year.
Promotional merchandise maker 4imprint Group said it expected annual earnings to be slightly above forecasts after a strong trading performance during 2023.
Promotional product manufacturer tips pre-tax profit of at least £140 million for last year.
4imprint said that demand continued to be robust and that it was set to beat analysts' estimates for half-year profits.
4imprint's FY22 results are impressive, with 45% organic revenue growth and an uplift in operating margin to 9.0% (FY21: 3.9%) despite some gross margin pressure from inflation. Much of this is due to