4imprint Group PLC’s orders slump 80% amid coronavirus disruption

4imprint Team PLC’s () daily buy counts have slumped eighty% from previous yr as limits to incorporate the coronavirus strike its marketplaces.

The marketing items company has scrapped the ultimate dividend of US$.59 for every share, saving US$16mln.

Browse: 4imprint warns on income as orders plummet

At the finish of March, funds in the financial institution was US$50mln.

The FTSE 250-detailed corporation mentioned that marketing, the next-premier price just after merchandise, has been “radically re-shaped” but preserved to take  “full advantage” if business begins to recover.