Warpaint London (W7L)

  • Change Today:
  • 52 Week High: 112.00p
  • 52 Week Low: 50.00p
  • Currency: UK Pounds
  • Shares Issued: 76.75m
  • Volume: 0
  • Market Cap: £62.17m

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 81.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 112.00p
52 Week Low 50.00p
Volume 0
Shares Issued 76.75m
Market Cap £62.17m

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 --2020

Time Volume / Share Price
0 @ 0.000p

W7L Key Personnel

Chair Clive Garston
CEO Samuel Bazini

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