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Half Year Results 2026 05 August 2026 4imprint • Kevin Lyons - Tarr , CEO Michelle Brukwicki , CFO 4imprint Group PLC LSE : FOUR
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Kevin Lyons-Tarr, CEO Highlights Half Year Results 2026 1
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Results Summary – Half Year 2026 Revenue $666.4m 1% Adj. operating profit $62.5m Adj. basic EPS 173.2c Cash and bank deposits $136.9m 2025 FY: $132.8m 2025 HY: $102.3m Interim DPS 80.0c 2025 HY: 80.0c Adj. profit before tax $64.8m 2025 HY: $74.0m 2025 HY: 197.4c 2025 HY: $659.4m 2025 HY: $70.7m Margin 9.4% (2025 HY: 10.7%) 12% Half Year Results 2026 2 Cash conversion 101% (2025 HY: 118%) Note: See descriptions of adjusted metrics in the Group’s half year results announcement dated 05 August 2026 for more information.
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Michelle Brukwicki, CFO Financial Review Half Year Results 2026 3
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Revenue +1% • US $653.5m; UK $12.9m • New customer acquisition and new customer order intake improved quarter to quarter Gross profit margin • Manageable tariff-related supplier cost increases received in the first six months of 2026 have been partially offset by carefully considered price adjustments Marketing costs +2% • Stable at 13% of revenue (H1 2025: 13%) • Revenue per marketing dollar $7.75 (H1 2025: $7.79) Selling costs +3% • Stable at 4% of revenue (H1 2025: 4%) Operating margin • Adjusted operating margin H1 2026 9.4% compared to 10.7% H1 2025 primarily due to higher tariff-related supplier costs Income Statement Half Year Results 2026 4 Note: See descriptions of adjusted metrics in the Group’s half year results announcement dated 05 August 2026 for more information. H1 2025 FY 2025 $m $m Adjusted Adjusting items Reported Reported v Adj. 2026 Reported Revenue 666.4 666.4 659.4 1% 1,346.8 Cost of sales (456.5) (456.5) (442.9) (910.8) Gross profit 209.9 209.9 216.5 -3% 436.0 Gross profit margin 31.5% 31.5% 32.8% 32.4% Marketing costs (86.0) (86.0) (84.7) 2% (171.4) Selling costs (26.0) (26.0) (25.3) 3% (50.9) Admin & central costs (35.4) (2.9) (38.3) (35.8) -1% (68.5) Operating profit 62.5 (2.9) 59.6 70.7 -12% 145.2 Operating margin 9.4% 8.9% 10.7% 10.8% Net finance income 2.3 (2.3) 0.0 3.3 5.6 Profit before tax 64.8 (5.2) 59.6 74.0 -12% 150.8 Taxation (16.2) 0.1 (16.1) (18.5) (37.2) Profit for the period 48.6 (5.1) 43.5 55.5 -12% 113.6 Basic EPS 173.2c 155.1c 197.4c -12% 404.4c H1 2026 $m
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Balance Sheet Fixed assets includes investments in: • Capital spend related to relocating the leased downtown Oshkosh, Wisconsin office space to recently expanded distribution centre as part of a c.$10m capex project which will be completed in 3Q 2026; project is on time and on budget Working capital • Net negative position $(24.2)m reflects strength of the business model with low inventory requirements, a high proportion of customers paying by credit card and payment of suppliers on agreed terms Other assets and liabilities - net • Include balances related to uncertain tax treatments - $19.0m asset, $19.5m liability, $4.6m net liability for related costs Financial strength • Cash and bank deposits $136.9m after $45.2m of dividends paid in H1 2026; no debt • Use of cash under regular review by the Board in accordance with our established capital allocation framework and balance sheet funding guidelines Half Year Results 2026 5 H1 2026 H1 2025 FY 2025 $m $m $m Fixed assets 54.0 49.1 49.2 Right-of-use assets 2.3 3.3 2.6 Goodwill 1.0 1.0 1.0 Deferred tax assets 3.5 3.5 3.4 Retirement benefit asset 0.1 0.1 0.3 60.9 57.0 56.5 Inventories 17.9 18.9 14.7 Trade and other receivables 76.2 70.7 57.7 Trade and other payables (118.3) (112.9) (93.7) (24.2) (23.3) (21.3) Other assets and liabilities - net (9.4) (3.1) (1.3) Lease liabilities (2.9) (4.3) (3.4) Cash and bank deposits 136.9 102.3 132.8 124.6 94.9 128.1 Net assets 161.3 128.6 163.3
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Cash Flow Highly cash-generative business model • Cash conversion of 101% of operating profit (H1 2025: 118%) which underpins the efficiency of the ‘drop-ship’ business model Capital expenditure of $7.4m: • Primarily spend on relocating the leased downtown Oshkosh, Wisconsin office to the distribution centre Tax and interest • Tax payments in line with profitability; interest receipts in line with cash balances Dividends • $45.2m paid to Shareholders in June 2026 • Interim regular dividend maintained in line with capital allocation policy Half Year Results 2026 6 Note: See descriptions of adjusted metrics in the Group’s half year results announcement dated 05 August 2026 for more information. H1 2026 H1 2025 FY 2025 $m $m $m Adjusted operating profit 62.5 70.7 145.2 Share option charges 1.2 1.8 3.1 Depreciation and amortisation 2.6 2.7 5.3 Lease depreciation 0.8 0.9 1.6 Change in working 1 3.3 9.6 6.7 Capital expenditure (7.4) (2.2) (3.9) Adjusted operating cash flow 63.0 83.5 158.0 Tax and interest (11.0) (12.9) (31.0) Own share transactions (1.7) (3.2) (5.4) Capital element of lease payments (1.0) (1.0) (1.9) Exchange and other - 8.2 8.3 Free cash flow 49.3 74.6 128.0 Dividends to Shareholders (45.2) (119.9) (142.8) Net cash inflow/(outflow) in the period2 4.1 (45.3) (14.8) 1 Excluding accruals for adjusting items. 2 Representing the movement in cash and bank deposits balances.
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Kevin Lyons-Tarr, CEO Operational Review Half Year Results 2026 7
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Market • Industry sales increased 2.2% in H1 2026 • Price increases likely continuing to drive a significant proportion of the revenue growth; volume remains muted • 1,040,000 orders received in H1 2026, a decrease of 1% compared to H1 2025 • 202,000 new customer orders were received with improved trends as the first half progressed (Q1 -9%, Q2 -5%), H1 2026 -7% • Existing customer orders of 838,000 were flat to prior year • Average order value improved 3% compared to H1 2025 driven by carefully considered price adjustments over the period 17.8 18.6 19.6 19.8 15.9 17.4 18.5 19.4 20.5 21.5 22.0 22.9 23.6 24.7 25.8 20.7 23.2 25.8 26.1 26.6 27.7 ASI Industry Sales North America ($bn) Half Year Results 2026 8 638 775 835 837 838 1,644 1,639 248 272 250 217 202 480 421 2022 2023 2024 2025 2026 2024 2025 4imprint Number of orders received ('000) New Existing Half year Full year 2,0602,124 1,0401,054 886 1,047 1,085
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Marketing Effectiveness • Total marketing spend up 2% at $86.0m (H1 2025: $84.7m) • Marketing efficiency was comparable to prior year with revenue per marketing dollar of $7.75 (H1 2025: $7.79) • Marketing mix spend remained broadly in line with prior year, brand largest component; modest year-over-year increase in additional tactics in digital and social • Brand awareness metrics show continued strength and stability building long-term brand equity that positions the Group for future growth and increased market share as market gains momentum • Existing customer retention remained strong and consistent • 117,000 new customers acquired in H1 2026 a decrease of 6% with improving trends through the first half (Q1 -8%, Q2 -4%) US and Canada Customers Acquired and Retained % Half Year Results 2026 9 8.19 8.22 7.64 7.79 7.75 7.88 7.86 2022 2023 2024 2025 2026 2024 2025 Revenue per marketing dollar Half year Full year 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 0% 10% 20% 30% 40% 50% 60% 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 # of Customers Acquired % of Customers Retained (12 months) % of Customers Retained (24 months)
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Operational Update 141415 Full Year Results 2025 14Half Year Results 2026 10 People • Nearly complete in building out our senior management team and organisational structure to support our current operations and strengthen our foundation for future profitable growth. Supply Chain • Collaborated with our suppliers on tariff-related product costs to effectively manage our gross profit margin. • Whilst tariff volatility moderated during the period, we will continue to work closely with our suppliers on any future tariff policy developments as they arise. Oshkosh facilities • Nearly complete with the c.$10m capital expenditure project to relocate our leased downtown Oshkosh, Wisconsin office space to the recently expanded distribution centre; project is on time and on budget. • Associates will complete the move into their new space during third quarter 2026. Sustainability • Continued our focus on improving energy efficiency across our operations in line with our Scope 1 and 2 emissions reduction targets. • Continued collaboration with our supplier partners to support our Better Choices® programme.
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Summary & Outlook The Board is encouraged by the Group’s first half performance, in particular the improvement in new customer orders through the period and the effective management of gross profit margin pressure resulting from tariff - related cost increases realised in the period. Based on the first half results and anticipated trading in the second half of the year, the Board expects that full year 2026 revenue and earnings will be above the current range of analysts’ forecasts with Group revenue slightly above 2025 ($1.35bn), and adjusted profit before tax of approximately $130m. In my first few months as Chairman, I’ve been impressed by the quality of the business and management team. The resilience and cash-generative nature of the business model is evident, and the Board remains confident in the Group’s strategy, competitive position and long-term growth opportunity. Paul Forman Chairman Half Year Results 2026 11
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14 Investor Relations contact information S t e v e B i n d a s , D i r e c t o r o f I n v e s to r R e l a t io n s 2875 Atlas Avenue Oshkosh WI 54904 USA E-mail: sbindas@4imprint.com MHP Communications 60 Great Portland Street London W1W 7RT Tel: +44 (0)20 3128 8100 E-mail: 4imprint@mhpgroup.com Contact: Katie Hunt, Eleni Menikou Half Year Results 2026 12