RE: Tec27 Apr 2024 17:02
Warpaint London shares rose on Wednesday after the group hailed record annual sales and profits on the back of booming demand for its branded make-products.
The London-listed group, which owns the W7 and Technic brands, enjoyed 'significant' growth in all territories as sales soared 40 per cent -year-on-year to £89.6million.
The boost saw pre-tax profits rocket 136 per cent to £18.1million, as earnings before interest, tax, depreciation and amortisation jumped 74 per cent to £20.4million.
Warpaint shares were up 4.68 per cent or 22p to 492.00p on Wednesday afternoon, having risen by 146 per cent in the last year.
https://www.thisismoney.co.uk/money/markets/article-13345147/Warpaint-London-shares-continue-meteoric-rise-profits-20m.html