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