Alongside its AGM today, Gear4music has issued a brief, but highly encouraging, update on progress. The specific actions to improve gross margins, and to ensure it is operationally robust ahead of the upcoming peak trading period, have continued to yield positive results. Now with 5 months of trading under its belt, and numerous initiatives progressively accumulating, confidence in the strategic plan and in forecasts is growing. These assume a moderation in sales growth, especially in the H1 tra ....

30 Aug 2019
Growing confidence in margin recovery + profitable long term growth

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Growing confidence in margin recovery + profitable long term growth
Gear4music (Holdings) PLC (G4M:LON) | 302 111.7 14.0% | Mkt Cap: 63.4m
- Published:
30 Aug 2019 -
Author:
Matthew McEachran -
Pages:
4 -
Alongside its AGM today, Gear4music has issued a brief, but highly encouraging, update on progress. The specific actions to improve gross margins, and to ensure it is operationally robust ahead of the upcoming peak trading period, have continued to yield positive results. Now with 5 months of trading under its belt, and numerous initiatives progressively accumulating, confidence in the strategic plan and in forecasts is growing. These assume a moderation in sales growth, especially in the H1 tra ....