Today’s Gear4music trading statement reports a buoyant end to the 2019 calendar year with sales advancing by 7%. Moreover, higher gross margins confirmed the benefit of a raised focus on profitable growth while fully invested logistics and warehousing augurs well going forward. Given a reassuringly positive message on full year FY2020 figures, valuation looks supportive.

23 Jan 2020
Good Rhythm – Headroom to Grow

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Good Rhythm – Headroom to Grow
Gear4music (Holdings) PLC (G4M:LON) | 229 -2.3 (-0.4%) | Mkt Cap: 48.0m
- Published:
23 Jan 2020 -
Author:
Chris Wickham -
Pages:
3 -
Today’s Gear4music trading statement reports a buoyant end to the 2019 calendar year with sales advancing by 7%. Moreover, higher gross margins confirmed the benefit of a raised focus on profitable growth while fully invested logistics and warehousing augurs well going forward. Given a reassuringly positive message on full year FY2020 figures, valuation looks supportive.