Aim Bulletin

Gear4music revenue falls, profit rises as expected

By Josh White

Date: Tuesday 25 Jun 2024

(Sharecast News) - Online musical instrument and equipment retailer Gear4music reported final results in line with market forecasts on Tuesday, with revenue down 5% year-on-year to £144.4m, reflecting a strategic focus on enhancing gross margins and reducing costs to prioritise profitability over revenue growth.
The AIM-traded firm said gross profit for...

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