4imprint Group Reports Healthy Revenue Growth In 2017
4imprint Group PLC, parent of Oshkosh, Wisconsin-based distributor 4imprint (PPAI 107200), has released financial results for 2017. The group reports revenues of $627.52 million in 2017, up 12 percent from 2016’s performance.
“Our business operations are firmly established in attractive markets,” says Paul Moody, chairman. “The group is financially strong, and we have exciting plans for the future. Trading activity in the first few weeks of 2018 has been encouraging.”
4imprint’s profits were also up in 2017, climbing 11 percent to $42.46 million. It notes that the group saw continued organic revenue growth in 2017, with 1,185,000 orders processed over the course of the year—up 12 percent from 2016—and 252,000 new customers acquired while retention rates remained stable.
Looking ahead, 4imprint has targeted $1 billion in revenue by 2022, it is investing in adding a brand awareness component to its marketing portfolio in 2018 and it has introduced revised capital allocation and funding guidelines.