Profit wiped out at FTSE 250 group 4imprint
The coronavirus pandemic wiped out profits at promotional products maker 4imprint, which said trading had been “severely affected” by Covid-19. The FTSE 250 group saw its first half profit drop from $19.5m (£14.9m) last year to $300,000. Revenues fell by more than a third to $266m. It said the pandemic “caused an unprecedented collapse in demand” that impacted results”.