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Warpaint London PLC - Buckinghamshire-based colour cosmetics supplier that owns W7 and Technic brands - Says it continues to trade ‘strongly’, with sales in the six months ending June 30 expected to be £46 million. This is up from £36.7 million a year earlier. Expects earnings to be ‘robust’ and ahead of those achieved in 2023. Looking ahead, Warpaint anticipates sales to be second half weighted, due to Christmas gifting orders and company momentum. ‘Further progress continues to be made with expanding the group’s presence in larger retailers globally and the group has significant further opportunities to grow sales, both with new and existing customers. The group has a number of planned product roll outs to additional stores in the second half of the year and remains in active discussions with a number of UK and overseas retailers about stocking the group’s products,’ Warpaint says. Current stock price: 582.87 pence, down 1.2% in London on Wednesday 12-month change: more than double from 275.00p Copyright 2024 Alliance News Ltd. All Rights Reserved.
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