4imprint Group (FOUR) Trading Update summary

Executive summary

• Delivered resilient operational and financial performance despite volatile macroeconomic conditions in the first 10 months of 2025.

• Full year revenue expected to be at least $1.32bn, at the high end of analyst forecasts.

• Profit before tax forecasted at not less than $142m, above the upper end of analyst forecasts.

Financial highlights

• Group revenue for the first 10 months of 2025 was 2% below the same period in 2024.

• Order intake approximately 3% below prior year; average order values in line with prior year.

• Gross profit margin just below 33%, with double-digit operating profit margin maintained.

• Cash balance of $124m at the end of October 2025.

Outlook and guidance

• Board expects to deliver solid financial results and is confident in navigating current market conditions.

• Business is positioned to capitalize on opportunities as economic and market conditions improve.