26 Apr 2022
Expanding distribution - more than just cosmetic
FY21 results were slightly ahead of recently upgraded expectations and there is clear evidence that the growth strategy is bearing fruit. Distribution gains are increasing brand reach both in the UK and overseas. This appears to be an ideal time for its on-trend value-for-money proposition to gain traction, potentially with counter-cyclical characteristics as consumers start trading down. Valued on 10x EV/EBITDA and yielding over 5%, this represents great value for investors too as operationally ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Expanding distribution - more than just cosmetic
Warpaint London PLC (W7L:LON) | 418 0 0.0% | Mkt Cap: 322.5m
- Published:
26 Apr 2022 -
Author:
Matthew McEachran -
Pages:
3
FY21 results were slightly ahead of recently upgraded expectations and there is clear evidence that the growth strategy is bearing fruit. Distribution gains are increasing brand reach both in the UK and overseas. This appears to be an ideal time for its on-trend value-for-money proposition to gain traction, potentially with counter-cyclical characteristics as consumers start trading down. Valued on 10x EV/EBITDA and yielding over 5%, this represents great value for investors too as operationally ....