4imprint Reports 16% Sales Increase
4th Q 2013 Sales Of Almost $90 Million
4imprint Group, the parent company of Top 40 distributor 4imprint (asi/197045), announced yesterday that its revenues increased by 16% in 2013 to reach $347.6 million. The company also said that it attained sales of $89.5 million in the fourth quarter of 2013, which marked growth of 17% over the same time period in 2012.
For 4imprint, the company’s North American division drives much of its sales and growth. In its public filing released yesterday, the company reported that its North American operation recorded revenues of $294.9 million, an increase of 15% over the previous year. “We’re pleased with the performance as the results represent another year of progress that is consistent with our overall strategy,” Kevin Lyons-Tarr, CEO of 4imprint’s North American business, told Counselor. “I’m really proud of the team. Their unrelenting focus on taking great care of our customers makes it all happen.”
In the North American market, 4imprint ranks as the fifth-largest distributor in the ad specialty industry. The company’s stock price (listed as FOUR on the London Stock Exchange) increased more than 2% in trading yesterday and has jumped by 92% within the past year.