Warpaint London (W7L)

52.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 267.50
  • 52 Week Low: 50.00
  • Currency: UK Pounds
  • Shares Issued: 76.75m
  • Volume: 482,721
  • Market Cap: £39.91m

Warpaint London pencils-in lower profit guidance

By Iain Gilbert

Date: Tuesday 29 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Colour cosmetics supplier Warpaint London wound down its guidance for 2018 on Tuesday.
Warpaint told investors that it now expects adjusted pre-tax profits to grow approximately 19.5% to £8.25m on the back of a 55% year-on-year increase in revenues to £48.5m.

The AIM-listed outfit's revenues just snuck into the lower end of its October guidance of £48m to £52m, while its profit forecast dropped below its previous estimates of £8.5m to £10m.

Warpaint stated back in October that its profitability would be "critically dependent" on the precise product and geographic mix of its sales as it entered the all-important Christmas trading quarter against a backdrop of a weakened UK retail market.

The Buckinghamshire-based group expects to report its full audited results for the 2018 trading year in April.

As of 0930 GMT, Warpaint shares, having already lost two thirds of their value since late September, slumped a further 11.83% to 75.30p.

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W7L Market Data

Currency UK Pounds
Share Price 52.00p
Change Today 1.50p
% Change 2.97 %
52 Week High 267.50
52 Week Low 50.00
Volume 482,721
Shares Issued 76.75m
Market Cap £39.91m

W7L Star Ratings

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W7L Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Oct-19 13-Jun-19
Paid 15-Nov-19 01-Jul-19
Amount 1.50p 2.90p

Trades for 19-Sep-2019

Time Volume / Share Price
16:14 1,925 @ 51.60p
15:58 18,830 @ 52.44p
15:40 5,720 @ 52.44p
15:28 3,000 @ 52.44p
15:25 4,500 @ 52.50p

W7L Key Personnel

Chair Clive Garston

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