Warpaint London (W7L)

412.50p
   
  • Change Today:
    -5.00p
  • 52 Week High: 432.00
  • 52 Week Low: 185.00
  • Currency: UK Pounds
  • Shares Issued: 77.26m
  • Volume: 465,115
  • Market Cap: £318.68m

Warpaint sees FY results ahead of expectations

By Michele Maatouk

Date: Wednesday 11 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Warpaint said on Wednesday that full-year results were set to be ahead of its expectations as strong trading continued into the fourth quarter.
In an update for the year to the end of December, the company - which sells cosmetics under the brand names of W7 and Technic - said full-year sales are expected to be £64m, ahead of its previous guidance of £61m, following "particularly strong" trading in Q4.

It also expects to report adjusted earnings before interest, tax, depreciation and amortisation of about £11.8m and adjusted pre-tax profit of £10m. Both are ahead of current market expectations and the board's previous guidance of £10.6m and £9m, respectively.

Chief executive Sam Bazini said: "I am delighted with the performance of the group in 2022 and I am pleased to report that we ended 2022 ahead of expectations, both for sales and profits.

"We enjoyed a strong trading performance in Q4 2022 across the group, with sales growth in the US and online being particular highlights. We were also able to improve our margins year-on-year.

"We expect to see a continuing strong performance in 2023 and I look forward to updating further at the time of the release of the group's results in April."

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W7L Market Data

Currency UK Pounds
Share Price 412.50p
Change Today -5.00p
% Change -1.20 %
52 Week High 432.00
52 Week Low 185.00
Volume 465,115
Shares Issued 77.26m
Market Cap £318.68m

W7L Star Ratings

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W7L Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Nov-23 15-Jun-23
Paid 24-Nov-23 04-Jul-23
Amount 3.00p 4.50p

Trades for 28-Mar-2024

Time Volume / Share Price
08:45 26,000 @ 415.00p
08:36 100,000 @ 415.00p
09:21 39,218 @ 415.00p
08:44 126,110 @ 415.00p
08:36 119,500 @ 415.00p

W7L Key Personnel

CEO Samuel Bazini

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