Results Round-up

LONDON (ShareCast) - Promotional products producer 4imprint made its mark on Wednesday after an upbeat trading update. Providing a glimpse of its forthcoming results for 2011, the company said group revenue last year was 10% up on 2010 levels at £222m and, but for currency fluctuations, the increase would have been 13%. Revenue in the group's largest division, 4imprint Direct Marketing, has continued its trend of strong organic growth, 4imprint said. Unaudited North American revenue for 2011 was $224m, 18% ahead of 2010, while fourth quarter revenue was 19% ahead of 2010. Unaudited total division revenue forr 4imprint Direct Marketing was £146m, 13% ahead of 2010, with an average US dollar exchange rate of $1.60 (2010: $1.55). The Brand Addition unit's unaudited total revenue for 2011 was £65m, 10% ahead of 2010, but the SPS unit's revenue fell 13% from 2010's level to £14m. The group said it had a positive net cash position at the end of 2011. The shares were trading 24p up on the day at 264p on the afternoon of the trading update. Multi channel retailer Findel (LSE: FDL.L - news) said second half sales rose 4.5% after a stellar performance from its largest business Express Gifts over the Christmas period. The home shopping, education supplies and healthcare markets company, said sales at Express Gifts for the 15 weeks to January 17 jumped 11.1% from the previous year, its strongest performance in four years. The group also saw a 5.4% increase in active customer numbers over the last 12 months. "We expect this growth in both sales and customer numbers to result in the delivery of increased total cash margin and a strong operating profit performance for the year," Findel said in a statement. Findel, which sells cleaning products brand Kleeneze, reiterated that it expects to deliver improved results in the second half from the same period a year earlier. "Overall, we are encouraged by the progress we are making in a number of areas, building on a strong performance from our largest business, Express Gifts, in a difficult economic and retail environment. We do not anticipate this environment becoming easier. We remain focused on implementing our three year Full Potential plan," it said.