StockMarketWire.com - 4imprint Group, the leading international direct marketer of promotional products, announced on 24 October that it is changing the currency in which it presents its consolidated financial statements from Sterling to US dollars.

A substantial portion of the group's revenue and earnings are now denominated in US dollars and the board has decided that a US dollar presentation will give a more meaningful view of its financial performance and position. In future, dividends will be determined in US dollars and paid in sterling at the exchange rate at the time the dividend is determined.

The group has presented condensed consolidated US dollar financial information. This will form the basis of the comparative US dollar financial statements to be included in the full year results for the year ending 27 December 2014 and the half year results for the six month period ending 27 June 2015.

Revenue in dollars was $193,058,000 for the 2014 half year and $332,936,000 for 2013 full year; operating profit was $7,796,000 (half year 2014) and $15,856,000 (2013 full year); pre-tax profit was $7,288,000 (half year 2014) and $14,472,000 (2013 full year).


At 9:39am: [LON:FOUR] 4imprint Group PLC share price was +6p at 786.5p



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