Gear4Music goes allegro after “successful” peak trading period
Full-year results are expected to be “at least” in line with guidance after growth in sales, profit and margin over the festive period
Company
Gear4music Holdings PLC
LON:G4M
Gear4music, one of the largest UK based online retailers of musical instruments and music equipment.
74 stories · page 2 of 4
Archive
Investors tuck into Domino’s as it appoints major shareholder to assist hunt for new chairman
A look at some of the major risers and fallers in London on Tuesday
Gear4Music makes some noise over rising international sales
The online seller of musical instruments lifted its profits and margins back up to 2018 levels after the company dipped to a loss last year
InfraStrata slides as it secures more time for due diligence on Barrow-in-Furness project
A look at the day's major movers, including 88 Energry, Forterra, Gear4Music and Vianet
Gear4Music swings to loss but says tune is changing in new year
Underlying earnings fell 34% to £2.3mln even though sales grow 48% to £118.2mln
Investments and investor services
FTSE 100 closes tad higher as traders wait for G20 summit
On Wall Street, stocks are seeing red after disappointing data, while the German DAX is off over 33 points
Archive
Tuesday’s trading update will be a distraction from Petrofac’s woes
Petrofac is embroiled in a Serious Fraud Office investigation, but investors will be more concerned with costs and the order book in Tuesday’s update
Archive
News from FirstGroup, Stagecoach to drive corporate diary in coming week
Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan
Gear4Music hits bum note as trading update implies lower full year earnings
In a trading update for the 13 months ended 31 March 2018, the online musical instrument retailer said it expected to report EBITDA of “not less” than £2mln. By contrast, in the 12 months to 28 February 2017, the group had reported EBITDA o
Archive
Small Cap Movers: Faroe Petroleum shares boosted as it battles hostile takeover effort
A look back at some of the more interesting stories from the junior market over the past week
Peel Hunt downgrades Gear4Music to ‘Hold’ amid capacity issues and re-emergence of pricing pressure
Analysts said while the strong UK demand was "great in some ways", they cited worries that “management wasn’t able to implement Plan B to meet the demand”
Investments and investor services
Aminex bounces higher as shareholders approve farm-out
A look at the day's major movers, including ReNeuron, 7digital, Glenveagh, Gear4Music, Reach and McColl's
Gear4Music shares plunge amid 2019 profit warning as UK capacity constrains sales growth
In an update for the four months to 31 December, the online musical instruments retailer reported total sales growth but warned 2019 earnings would be "slightly below" 2018 levels
Investments and investor services
FTSE 100 closes higher after fairly unevenful traading; May gets cabinet support
The FTSE 250, a more UK company focused index, added around 328 points to 19,131
Archive
Bellway to provide gauge of the strength of the housing market
Bellway's prelims look like they will be the main event although it is rumoured theme parks group Merlin is scheduled to issue a trading update - probably what it loses on the roundabouts it will gain on the swings.
Housebuilders in focus as Barratt Developments and Bellway update on trading
The week ahead includes full year results from Bellway and ASOS, interims from Gear4Music and trading updates from Barratt Developments, Segro, Unilever, Domino's Pizza and Rentokil
Gear4Music reports first half sales jump as customer numbers surge
The online musical instrument seller said total sales for the period had risen 36% to £42.5mln compared to the same period last year, with customer numbers jumping 40%
Gear4Music confident of reaching expectations for financial year
The chief executive of the AIM-listed musical instrument seller, Andrew Wass, said in a statement that revenue continued to be strong in a highly competitive market