Warpaint London (W7L)

 51.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 267.50
  • 52 Week Low: 50.00
  • Currency: UK Pounds
  • Shares Issued: 76.75m
  • Volume: 35,335
  • Market Cap: £39.14m
  • Beta: 0.01

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Warpaint warns of hits to profitability from \'a number of factors\'

By Iain Gilbert

Date: Tuesday 06 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Cosmetics supplier Warpaint warned investors on Tuesday that a number of factors had impacted its profitability in the current financial year.
Warpaint said that whilst trading conditions remained \"challenging\" in the UK, it continued to see encouraging international sales growth, particularly in the EU and the US.

However, factors including the geographic mix of sales, adverse exchange rate movements and Warpaint\'s investment in its strategy for future growth, were having an impact on profitability.

As a result, the AIM-listed company expected adjusted pre-tax profits for the year ending 31 December 2019 to be in the range of £6.0m to £7.0m, while group sales were projected to come in at approximately £50.0m.

Looking forward, Warpaint said it continued to have \"a robust balance sheet\" and noted that it would look to actively implement its strategy for growth.

As of 1050 BST, Warpaint shares had tumbled 27.20% to 57.14p.

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W7L Market Data

Currency UK Pounds
Share Price 51.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 267.50
52 Week Low 50.00
Volume 35,335
Shares Issued 76.75m
Market Cap £39.14m
Beta 0.01

W7L Star Ratings

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W7L Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jun-19 01-Nov-18
Paid 01-Jul-19 16-Nov-18
Amount 2.90p 1.50p

Trades for 16-Sep-2019

Time Volume / Share Price
16:28 1,925 @ 51.45p
16:06 1,700 @ 50.15p
15:29 19,403 @ 51.49p
15:08 2,500 @ 51.49p
14:59 25 @ 51.49p

W7L Key Personnel

Chair Clive Garston

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