Today’s update is in line with expectations that were reset in early Sept due to the cost of living uncertainties and weak trading over the hot summer months. We take encouragement from improved momentum in late Sept and Oct to date. It is on track to deploy several new growth initiatives in H2, as well as further productivity enhancements. Ahead of peak, G4M’s expanded infrastructure is performing well and it has strong inventory levels. Net debt is expected to reduce by year end, and the group ....
20 Oct 2022
H1 update in line with previously reset expectations
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H1 update in line with previously reset expectations
Gear4music (Holdings) PLC (G4M:LON) | 137 0 0.0% | Mkt Cap: 28.7m
- Published:
20 Oct 2022 -
Author:
Matthew McEachran -
Pages:
3
Today’s update is in line with expectations that were reset in early Sept due to the cost of living uncertainties and weak trading over the hot summer months. We take encouragement from improved momentum in late Sept and Oct to date. It is on track to deploy several new growth initiatives in H2, as well as further productivity enhancements. Ahead of peak, G4M’s expanded infrastructure is performing well and it has strong inventory levels. Net debt is expected to reduce by year end, and the group ....