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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: 4imprint surges on earnings beat forecast

(Sharecast News) - FTSE 250: 18,924.93, -0.12%

Shares in 4imprint Group surged on Friday as the promotional merchandise maker said it expected annual earnings to be slightly above forecasts after a strong trading performance during 2023.

Group revenue was forecast to rise 16% to $1.33bn with pre-tax profit of at least $140m, slightly above the upper end of the current range of analysts' forecasts and 2022's $104m.

Cash and bank deposits at the 2023 year-end were $105m, up from $87m.

Watches of Switzerland regained some ground after Thursday's slump on the back of a revenue warning.

Market Movers

FTSE 250 - Risers

4Imprint Group (FOUR) 5,200.00p 12.19% Me Group International (MEGP) 124.40p 3.15% Watches of Switzerland Group (WOSG) 381.00p 2.58% Drax Group (DRX) 475.30p 2.35% Just Group (JUST) 84.70p 1.80% Wood Group (John) (WG.) 169.80p 1.74% Crest Nicholson Holdings (CRST) 206.80p 1.67% Cranswick (CWK) 3,966.00p 1.64% RHI Magnesita N.V. (DI) (RHIM) 3,316.00p 1.59% Lancashire Holdings Limited (LRE) 597.50p 1.44%

FTSE 250 - Fallers

Ferrexpo (FXPO) 80.60p -4.78% Currys (CURY) 47.54p -3.73% Wizz Air Holdings (WIZZ) 1,915.50p -3.04% Vistry Group (VTY) 918.00p -2.65% Quilter (QLT) 96.20p -2.63% Future (FUTR) 728.00p -2.61% Darktrace (DARK) 349.70p -2.56% Ashmore Group (ASHM) 216.40p -2.52% Diversified Energy Company (DEC) 931.00p -2.51% AJ Bell (AJB) 307.00p -2.17%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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