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Intraday Inspecs Group Share Chart
Inspecs reports solid first quarter performance
(Sharecast News) - Eyewear designer and manufacturer Inspecs Group reported a "strong" trading performance in the first quarter on Wednesday, with revenues growing by $7.9m (£6.29m) year-on-year, to $75.1m.
The AIM-traded firm said that at constant exchange rates, revenues were up 18.5% year-on-year for the three months ended 31 March.
"This performance was achieved through both organic growth of existing entities, alongside strong starts to the year by the acquisitions made in December," the board said in its statement.
"The integration of BoDe Design and EGO Eyewear continues to progress to plan, and we look forward to providing a more detailed update on progress at the group's Final Results on 19 May."
At 0805 BST, shares in Inspecs Group were up 5.47% at 344.9p.
Latest SPEC News
- IN BRIEF: Driver Group confident of return to profit; hires new chair
23 Feb 2023 - AIM WINNERS & LOSERS: Faron Pharmaceuticals raises EUR12 million
27 Jan 2023 - LONDON MARKET MIDDAY: Stocks edge higher as eyes turn to US GDP data
26 Jan 2023 - AIM WINNERS & LOSERS: Inspecs up beat; Animalcare revenue falls
26 Jan 2023 - DIRECTOR DEALINGS: Lawrence Stroll raises stake in Aston Martin to 23%
8 Nov 2022 - Director dealings: Inspecs CEO's pension buys £0.4m of shares
8 Nov 2022 - Director dealings: Inspecs finance chief, wife buy 100k shares
3 Nov 2022 - TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility
28 Oct 2022
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