Gear4music’s interim results were released this morning and reconfirmed both underlying sales growth for the business and a view that full year profits will meet expectations. The company’s second half includes the all-important Christmas period. Moreover, international sales appear set to nudge ahead of UK in the six months. Clearly, sales trends remain strongly positive, which should benefit both future profit growth and valuation.
16 Oct 2018
Interims justify FY2019 profit expectations
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Interims justify FY2019 profit expectations
Gear4music (Holdings) PLC (G4M:LON) | 145 -11.6 (-5.2%) | Mkt Cap: 30.4m
- Published:
16 Oct 2018 -
Author:
Chris Wickham -
Pages:
5
Gear4music’s interim results were released this morning and reconfirmed both underlying sales growth for the business and a view that full year profits will meet expectations. The company’s second half includes the all-important Christmas period. Moreover, international sales appear set to nudge ahead of UK in the six months. Clearly, sales trends remain strongly positive, which should benefit both future profit growth and valuation.