Trading Update

RNS Number : 3305O

Warpaint London PLC

29 January 2019

 

29 January 2019

Warpaint London plc

("Warpaint London" or the "Company")

Trading Update

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, is pleased to provide a trading update in respect of the financial year ended 31 December 2018.

Subject to audit, the Company expects to report revenue of £48.5 million and adjusted profit before tax* of £8.25 million for the year ended 31 December 2018.

The Company expects to report its audited results for the year ended 31 December 2018 in April 2019.

*Adjusted profit before tax excludes amortisation in connection with acquisitions, share-based payment charges and exceptional items

Enquiries:

Warpaint London PLC     Sam Bazini - Joint Chief Executive Officer Eoin Macleod - Joint Chief Executive Officer Neil Rodol - Chief Financial Officer	c/o IFC
Stockdale Securities Limited (Nominated Adviser and Broker) Antonio Bossi- Corporate Finance Fiona Conroy - Corporate Broking	020 7601 6100
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe Heather Armstrong Florence Chandler	020 3934 6630

Warpaint London plc

Warpaint London is a colour cosmetics business, based in Iver, Buckinghamshire. It is made up of two divisions: close-out and own-brand.  The second and larger own-brand division primarily consists of the Group's flagship brand, W7, together with the Technic, Body Collection and Man'stuff brands acquired through the acquisition of Retra Holdings in 2017.

 

END

 

 

TSTSEWFAAFUSESF