4imprint Group Reports Healthy Revenue Growth In 2016
4imprint Group PLC, parent of Oshkosh, Wisconsin-based distributor 4imprint (PPAI 107200), has released its final financial results for the year ending December 31, 2016, revealing healthy revenue growth of 12 percent compared to 2015.
“Our business model is resilient and our market opportunity remains large and attractive,” says Paul Moody, 4imprint Group’s chairman. “After a period of volatility in the fourth quarter of 2016 caused by uncertainty around the U.S. presidential election, customer order activity normalized in December. The first few weeks of 2017 have shown a satisfactory start to the year.”
The company’s revenue of $558.22 million in 2016 stems from more than one million total orders received during the year, and generated profits before tax of $34.15 million—a 10-percent increase over 2015.