Warpaint London (GB:W7L) has released an update.
Warpaint London PLC reported a substantial growth with record sales and profits for the year ended 31 December 2023, with significant expansion across all geographic regions. Group sales surged by 40% reaching £89.6 million, while profits before tax more than doubled to £18.1 million compared to the previous year. The company’s strategy to increase its presence in large retailers globally and grow online sales contributed to the strong performance, alongside successful product launches in major retail stores.
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