4imprint Group Reports Revenues Up 18 Percent In 2018
4imprint Group PLC, parent of Oshkosh, Wisconsin-based distributor 4imprint (PPAI 107200), has released its financial results for 2018, reporting revenues of $738.4 million, up 18 percent over the prior year.
“Our business model is highly focused and our market opportunity remains substantial,” says Paul Moody, 4imprint Group chairman. “The successful initial execution of the brand-building initiative in 2018 leaves the group in a good position to meet its strategic goals. Trading results in the first few weeks of 2019 have been encouraging.”
The company’s organic revenue growth reflects 1,389,000 total orders processed in 2018, an increase of 17 percent year-over-year, and 279,000 new customers acquired, along with stable retention rates.
The company’s financial release also highlighted successful executions of the group’s strategic objectives. It launched a brand awareness initiative in 2018, it’s ahead of schedule to hit a revenue target of $1 billion by 2022 and it‘s on track to invest $5 million in its Oshkosh distribution center in 2019.