Positive trading in Q4 leads to another 6% upgrade, with EBITDA margin over 11% for the year (pre-IFRS16). While early days, G4M is pleased with initial trading in Q1 FY22 too, against the toughest comparatives of the year (lock-down 1.0). The growth strategy now also has a number of new and incremental elements to it, including M&A, which look set to contribute positively within 12 months. Alongside growing confidence that the core margin and efficiency gains from 2020 can largely be retained, ....
22 Apr 2021
FY21 upgrades and confidence in growth strategy
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY21 upgrades and confidence in growth strategy
Gear4music (Holdings) PLC (G4M:LON) | 137 0 0.0% | Mkt Cap: 28.7m
- Published:
22 Apr 2021 -
Author:
Matthew McEachran -
Pages:
6
Positive trading in Q4 leads to another 6% upgrade, with EBITDA margin over 11% for the year (pre-IFRS16). While early days, G4M is pleased with initial trading in Q1 FY22 too, against the toughest comparatives of the year (lock-down 1.0). The growth strategy now also has a number of new and incremental elements to it, including M&A, which look set to contribute positively within 12 months. Alongside growing confidence that the core margin and efficiency gains from 2020 can largely be retained, ....