4imprint Group PLC on Tuesday said it had delivered a strong performance in the first six months, and expects to announce ‘favourable’ results for both the half and full-year periods.

Shares in 4imprint were up 6.2% at 4,709.15 pence on Tuesday morning in London.

The London-based marketer and distributor of promotional products said it saw ‘continued encouraging results at the demand level’ throughout the first half of 2023. This included an 18% increase in order intake compared with the prior year.

‘We expect to announce a strong first half performance in revenue, profitability and cash,’ 4imprint added.

For the full year, 4imprint expects revenue to be ‘slightly above’ $1.3 billion, up from $1.14 billion in 2022. It also anticipates pretax profit to be at least $125 million, up from $103.7 million the previous year and ‘materially above’ analysts’ current consensus.

‘This favourable profitability dynamic results principally from revenue growth combined with a strengthened gross margin percentage and strong returns on marketing investment,’ the company explained.

Upon announcing its 2022 results in mid-March, 4imprint had said trading results were ‘encouraging’ in the first few weeks of 2023 and that it was entering the year with momentum and confidence.

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