Gear4music has continued to perform strongly since its Q3 update. As a result it has increased Mar’21 EBITDA guidance by £1.7m, equating to a c11% EBITDA margin and a 15% EPS upgrade. Today’s news not only highlights the continuing improvements in gross margin, but also the effectiveness of its cross border logistics solutions post-Brexit. This has allowed it to gain market share and maintain a clear customer proposition in contrast to others in its sector. Given its growing competitive advantag ....
25 Feb 2021
Continued strong trading in 2021 drives upgrades
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Continued strong trading in 2021 drives upgrades
Gear4music (Holdings) PLC (G4M:LON) | 137 0 0.0% | Mkt Cap: 28.7m
- Published:
25 Feb 2021 -
Author:
Matthew McEachran -
Pages:
3
Gear4music has continued to perform strongly since its Q3 update. As a result it has increased Mar’21 EBITDA guidance by £1.7m, equating to a c11% EBITDA margin and a 15% EPS upgrade. Today’s news not only highlights the continuing improvements in gross margin, but also the effectiveness of its cross border logistics solutions post-Brexit. This has allowed it to gain market share and maintain a clear customer proposition in contrast to others in its sector. Given its growing competitive advantag ....