4imprint Group PLC on Friday said it enjoyed an ‘excellent’ 2023, as revenue jumped 16%.

Shares in 4imprint jumped 5.4% to 4,884.70 pence each in London early Friday.

‘Excellent progress has been made by the group during the course of 2023, giving rise to a strong financial performance for the year,’ 4imprint said, in a trading update on Friday.

The London-based marketer and distributor of promotional products said revenue for 2023 is expected to be $1.33 billion, up 16% from $1.14 billion a year earlier.

Pretax profit for 2023 is expected to be at least $140 million, up from $104 million and slightly above the upper end of the current range of analysts’ forecasts.

4imprint added: ‘The group has made significant operational progress in 2023, reflecting a clear strategy and a highly resilient business model. The board remains confident in the group’s prospects.’

The company will announce its 2023 results on March 13.

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