Profit wiped out at FTSE 250 group 4im­print

The Daily Telegraph - Business - - Business -

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”.

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