4imprint Announces Sales Increase
Ranked As 3rd-Largest Distributor
4imprint Group, the UK-based parent company of Top 40 distributor 4imprint (asi/197045), said this month that its revenue increased by more than 20% over the first four months of 2015. John Poulter, chairman of 4imprint Group, said during the company’s annual meeting earlier in May that revenue for the first four months of the year was 20.7% ahead of the same time period in 2014. Further, he said, prospects for the remainder of 2015 are similarly positive.
"Although it is still early in the year, indications are positive for the group's half and full-year performance," Poulter said. "The group has built a strong position in a large but still highly-fragmented market, and its overall business strategy remains unchanged. Profit growth will be driven by continuing to reinvest in marketing to expand market share and to grow revenue rapidly, while maintaining a broadly constant operating margin percentage.”
Poulter also reported that through April the company had a “good balance” of orders between new clients and existing customers. Overall, 4imprint’s order intake for the first four months of the year increased by 21.8% over 2014.
In the North American market, 4imprint ranked as the third-largest distributor on last year’s Counselor Top 40, and the company reported full-year 2014 revenues of $399 million, a 35% increase over 2013.