4imprint Announces Q3 Revenue Increases
Reached About $90.7 Million
4imprint Group plc, the parent company of Top 40 distributor 4imprint (asi/197045), announced today that it increased its revenues in the third quarter of 2013 by 18%, reaching about $90.7 million for the quarter. Further, the company said its revenues grew by 15% over the first nine months of 2013, coming in at about $252.4 million.
As far as the company's North American unit, 4imprint said it grew its sales in the third quarter by 16% and over the first nine months of the year by 14%. The North American division accounted for $216.93 million over the first three quarters of 2013. "The Group has continued to achieve strong revenue growth, in line with market expectations," said John Poulter, chairman of 4imprint Group plc. "This strong performance in the first nine months of the year leaves the Group well placed to achieve a good result for the year as a whole."
The company further stated that its North American division acquired 40,000 new customers in the third quarter and the number of orders it received from existing customers in the period grew by 18%. "This performance is a continuation of the progress demonstrated in the first half," the company said in its financial filing.
4imprint ranks as the fifth-largest distributor in North America, after reporting 2012 advertising specialties sales of $256.5 million.