Shares in 4imprint Group Plc (AQSE:FOUR) tumbled 19% after the promotional products company warned that economic uncertainty and potential tariffs could continue to weigh on demand after a subdued start to 2025.
The 2024 results were solid. Revenue rose 3% to $1.37 billion, and profit before tax climbed 10% to $154.4 million. Cash reserves jumped 41% to $147.6 million, leaving the company in a strong financial position.
Dividends are up, with a total payout of $2.40 per share, plus a special dividend of $2.50.
4imprint’s flexible marketing approach helped maintain a double-digit profit margin. It also completed a $20 million expansion of its Oshkosh distribution centre to support future growth.
The company also announced a leadership change. Michelle Brukwicki will take over as CFO from 1 May 2025, replacing David Seekings, who will step down but stay on until the end of June to ensure a smooth transition.
In early trading, the shares were off 920p at 3,870p.