Today’s full year update contains 3 key news items which the market is likely to find reassuring. 1) Adj PBT in 2019 will be within the range of guidance and slightly above our downgraded forecast, 2) a new distribution agreement has been signed with a leading supermarket chain in the UK, and detailed discussions are ongoing with several other large UK retailers, and 3) specialist consultants have been contracted to accelerate the process of expanding retail distribution in the UK and U
06 Feb 2020
Reassurance from year end update and new distribution arrangements
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Reassurance from year end update and new distribution arrangements
Warpaint London PLC (W7L:LON) | 430 0 0.0% | Mkt Cap: 332.2m
- Published:
06 Feb 2020 -
Author:
Matthew McEachran -
Pages:
4
Today’s full year update contains 3 key news items which the market is likely to find reassuring. 1) Adj PBT in 2019 will be within the range of guidance and slightly above our downgraded forecast, 2) a new distribution agreement has been signed with a leading supermarket chain in the UK, and detailed discussions are ongoing with several other large UK retailers, and 3) specialist consultants have been contracted to accelerate the process of expanding retail distribution in the UK and U