4imprint warns on profits as orders plummet
Daily order flow fell 60% year-on-year in the past three days
Company
LON:FOUR
4imprint are a leading direct marketer of promotional products in North America, the UK and Ireland. They have consistently delivered market-beating organic revenue growth. 4imprint is a focused business with clear strategic priorities: Market leadership driving organic revenue growth Cash generation and profitability Effective capital structure Shareholder value 4Imprint is traded in the NEX Exchange HERE
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Daily order flow fell 60% year-on-year in the past three days
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The maker of promotional products also said the impact of the coronavirus outbreak on its supply chain was currently "minimal", although disruption could increase if Chinese quarantine controls remained in place
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Britain's blue-chip index finished just shy of 33 points lower at 7,609
Demand activity in the second half has remained robust, with growth in both new and existing customer orders consistent with that seen in the first half.
Investments and investor services
Investors are expecting a cut of 0.25% in the benchmark short-term rate
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The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
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It will be a busy week for markets with a barrage of corporate earnings and interest rates decisions from the Bank of England and the US Federal Reserve.
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The day ahead includes full year results from Direct Line and GVC along with a trading update from Ashtead
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The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
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In March, 4imprint launched a series of TV and radio ads which has resulted in a surge in orders, leaving it on track to top market expectations this year
A look at some big winners and losers in the UK equity market during Thursday's trading session
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Around 3.50pm, the FTSE 100 index was up 13 points at 7,160
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Whenever a CFO serves notice to quit, as Paddy Power's Alex Gersh did this week, shareholders tend to get a bit nervous
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The week ahead sees earnings from Domino's Pizza, Just Eat, Restaurant Group, Legal & General, G4S, Rolls-Royce, Ashtead and Immarsat
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British Gas owner Centrica and BP are among the blue-chip names in Tuesday’s City agenda.
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Week ahead: HSBC, Royal Bank of Scotland, Royal Dutch Shell, Next, Centrica, Shire, US jobs, Bank of England policy meeting ...