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(Sharecast News) - FTSE 250 (MCX) 24,811.57 0.43%
4imprint shares slid on Tuesday despite the promotional products marketer saying full-year results are set to be in line with expectations, with the board reaffirming guidance for 2026 revenue to be slightly above last year's $1.35bn and adjusted pre-tax profit of around $130m.
The promotional products group delivered a resilient performance in the first 10 months of the year, with revenue up 2% on the same period of 2025. Average order value increased 3%, helping offset a 1% decline in total order intake.
While new customer orders were 5% lower year-to-date, the trend improved steadily through the year, with the decline narrowing to 3% in the third quarter from 9% in the first quarter. Existing customer orders were broadly unchanged from a year earlier.
Margins remained in line with expectations, with the gross margin just above 31% and operating margin around 9%. The group ended October with $152m of cash, despite paying $68m in dividends and completing a $10m office relocation and distribution centre expansion project in Wisconsin.
Watches of Switzerland also turned lower, despite hailing a strong first-half performance, with group revenue up 15%, and narrowing its FY27 guidance towards the upper end of the company's range.
Avon Technologies slid despite posting a rise in full-year profit and revenue.
FTSE 250 - Risers
Caledonia Investments (CLDN) 400.00p 5.54%
Rosebank Industries NPV (ROSE) 332.50p 4.56%
Ocado Group (OCDO) 348.60p 4.13%
Diversified Energy Company (DI) (DEC) 993.00p 3.75%
TBC Bank Group (TBCG) 5,535.00p 3.75%
XP Power Ltd. (DI) (XPP) 1,636.00p 3.27%
Raspberry PI Holdings (RPI) 530.25p 2.91%
Seraphim Space Investment Trust (SSIT) 184.60p 2.57%
Wizz Air Holdings (WIZZ) 1,152.00p 2.22%
Softcat (SCT) 1,595.00p 2.18%
FTSE 250 - Fallers
4Imprint Group (FOUR) 4,072.00p -5.27%
Coats Group (COA) 79.65p -5.01%
Hochschild Mining (HOC) 487.60p -4.72%
Ceres Power Holdings (CWR) 266.40p -4.19%
Pan African Resources (PAF) 115.40p -3.91%
NCC Group (NCC) 153.00p -3.40%
Avon Technologies (AVON) 2,305.00p -3.35%
Endeavour Mining (EDV) 4,145.00p -3.31%
Oxford Nanopore Technologies (ONT) 204.40p -2.76%
EnQuest (ENQ) 25.70p -2.47%
