02-Apr-2020 10:16 AM
Online music equipment retailer Gear4music upgraded its outlook on profit following commercial and operational progress made during the year.
'As a result of the commercial and operational progress we have made during the last 12 months, we now ex
18-Mar-2020 10:11 AM
Online music retailer Gear4music said it was confident annual results would be at least in line with its expectations and confirmed that it does not expect the Coronavirus outbreak to have an adverse impact on performance.
Supply chains were currently
23-Jan-2020 09:20 AM
Peel Hunt today reaffirms its hold investment rating on Gear4music Holdings Plc (LON:G4M) and raised its price target to 300p (from 250p).
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23-Jan-2020 08:27 AM
Gear4music reported a rise in profit over the key Christmas trading period as efforts to boost margins underpinned performance.
For the two months to 31 December 2019, gross profit increased 18% to £8m and sales rose 7% to £30.4m.
Gross marg
18-Dec-2019 09:00 AM
Peel Hunt today reaffirms its hold investment rating on Gear4music Holdings Plc (LON:G4M) and cut its price target to 250p (from 300p).
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12-Nov-2019 09:55 AM
Online music-equipment retailer Gear4music slashed half-yearly losses on higher revenue and margin growth.
For the six months ended 30 September 2019, pre-tax losses narrowed to £279K from £545K reported in August last year, and revenue incr
22-Oct-2019 07:49 AM
Musical equipment retailer Gear4music said sales rose 16% in the first half of the year amid 'strong' international sales and a focus on higher-margin products.
For the six months to 30 September 2019, sales grew 16% to £49.4m and gross m
30-Aug-2019 08:25 AM
Gear4music said it continued to trade in line with the management expectations for the full year as efforts to boost margins were taking shape.
'The specific actions that we have undertaken to improve gross margins and ensure that the Group is ope
25-Jun-2019 07:13 AM
Online music retailer Gear4Music swung to a net loss as gross margins fell in a 'highly competitive' market.
Revenue was up 48% to £118.2m, gross profit increased 32% to £26.9m but earnings before interest, tax, depreciation and amo
02-Apr-2019 08:50 AM
Peel Hunt today reaffirms its hold investment rating on Gear4music Holdings Plc (LON:G4M) and cut its price target to 300p (from 500p).
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02-Apr-2019 08:19 AM
Gear4music warned on profits as product margins took a hit from increased costs and rising competition offsetting a 36% jump in sales for the 13 months through March 2019.
The company said it now expected earnings (EBITDA) to be not less than £2m
04-Jan-2019 08:40 AM
Peel Hunt today downgrades its investment rating on Gear4music Holdings Plc (LON:G4M) to hold (from buy) and cut its price target to 500p (from 1000p).
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04-Jan-2019 07:18 AM
Musical retailer Gear4music reported Friday it expected earnings this year to come in lower than that of last year as distribution capacity constraints in the UK stifled sales growth.
Further sales growth in excess of expectations was 'constrain
16-Oct-2018 02:24 PM
Musical instruments retailer Gear4music posted a first-half loss after it sacrificed margins to gain market share.
Pre-tax losses for the six months through August amounted to £545k, compared to £60k of losses on-year.
Revenue rose 36% to &p
07-Sep-2018 08:49 AM
Music e-commerce company Gear4music said sales growth topped management's expectations bolstered by upbeat performance in the UK.
For the six months to 31 August 2018, total sales grew 36% to £42.5m, helped by a 40% rise in active customers
27-Jul-2018 09:47 AM
UK musical instrument retailer Gear4music said Friday it was 'confident' of meeting full-year expectations as revenue growth remained 'strong'. 'I am pleased to report that revenue growth continues to be strong into what is a hi
15-May-2018 02:19 PM
Musical instruments retailer Gear4music said its annual profit fell after increased investment in systems, staff and marketing shrunk margins.
Pre-tax profit decreased by 43% to £1.5m, despite revenue rising by 43% to £80.1m.
Gross margins c
02-Mar-2018 08:17 AM
Gear4music reported sales of £80.1m for the year-end covering the 12 months to the end of February, up 43% from £56.1m reported in the prior year period.
The upbeat revenue was supported by strong growth in European and Rest of the World div
17-Jan-2018 08:10 AM
Peel Hunt today initiates coverage of Gear4music Holdings Plc (LON:G4M) with a buy investment rating and price target of 1000p.
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05-Jan-2018 07:12 AM
Online musical instrument and music equipment retailer Gear4music's sales rose by 42% in the four months to the end of December with continuing strong growth in the UK and Europe.
On a two-year basis, sales growth was 120%, ahead of the 114% for t
23-Oct-2017 01:15 PM
Gear4music has reported that, for the six months ended 31 August 2017, gross profit was up £2.1m, or 36%, at £7.8m.
The gross margin was 25.0%, which it said reflected investment in customer proposition during a period of product cost price i
28-Jul-2017 01:22 PM
Gear4music has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting.
At 1:22pm: (LON:G4M) Gear4music Holdings Plc share price was -97.5p at 722.5p
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28-Jul-2017 09:43 AM
Gear4music's trading is in line with the board's forecasts, shareholders at today's annual general meeting will be told.
Chief executive Andrew Wass will say: "UK and International revenue growth has continued to be strong relative to
04-Jul-2017 09:58 AM
Gear4music will hold its annual general meeting at the offices of Walker Morris LLP, Kings Court, 12 King Street, Leeds LS1 2HL, on 28 July at 11.30 a.m.
At 9:58am: (LON:G4M) Gear4music Holdings Plc share price was -7.5p at 742.5p
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09-May-2017 07:48 AM
Gear4music's underlying operating profits rose by 192% to £2.6m in the year to the end of February.
Revenues rose by 58% to £56.1m with the group reporting strong growth across the business but particularly in international markets which