Gear4music’s extraordinary European sales boost following the Brexit vote risks masking the strong underlying development of its business. We see this continuing to deliver strong double-digit revenue growth, independent of likely weakening in the UK demand environment, and led by its strategic focus on European market share. The company plans to invest in expanding the management team and establishing distribution bases in Europe, strengthening its profile for the medium term. We are r
18 Oct 2016
Strong underlying development
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Strong underlying development
Gear4music (Holdings) PLC (G4M:LON) | 145 11.6 5.8% | Mkt Cap: 30.4m
- Published:
18 Oct 2016 -
Author:
Paul Hickman -
Pages:
9
Gear4music’s extraordinary European sales boost following the Brexit vote risks masking the strong underlying development of its business. We see this continuing to deliver strong double-digit revenue growth, independent of likely weakening in the UK demand environment, and led by its strategic focus on European market share. The company plans to invest in expanding the management team and establishing distribution bases in Europe, strengthening its profile for the medium term. We are r