Warpaint London (GB:W7L) has released an update.
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Warpaint London PLC reports a robust performance in the first half of 2024, with a 25% increase in sales to £45.8 million, driving a 75% surge in profit from operations to £11.0 million. The company’s leading brands, W7 and Technic, experienced growths of 25% and 34%, respectively, contributing to an improved gross profit margin of 42.5%. The board has declared a 17% increase in the interim dividend, reflecting confidence in sustained growth and strong sales expected in the second half of the year.
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