Warpaint’s interim results show that W7 has continued to grow sales in all regions and that the strategy for e-commerce and launch of new products has been implemented. As, when it was a private company, management remains focused on increasing margins/profits rather than sales. Thus, while we have slightly reduced our sales projections we have made no changes to our profit or dividend forecasts. With H2 2017 having started well and the infrastructure now in place to deliver global sale
