Volume turned up further on online retailer’s profit forecasts
Online retailer Gear4music has increased its guidance on earnings by more than 10% in the last month as sales continue to be strong.
The music instruments and equipment specialist said its "UK and European operations have performed well post Brexit", helping to drive revenue growth and support margins that have exceeded its previous expectations.
It now expects EBITDA to be "not less than £18.2m" - up from its January estimate of £16.5m and a big increase from its last financial year results of £7.8m.
It has increased its ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
