Warpaint London PLC (AIM:W7L) said trading had continued to be strong over its latest half year with plans for its overseas expansion on track.
Sales for the six months to 30 June 2024 are expected to be approximately £46 million (2023: £36.7 million), the make-up specialist said ahead of its AGM, with margins "continuing to be robust and ahead of those achieved in 2023"
“Consistent with previous years, due to Christmas gifting orders and the group's momentum, sales are expected to again be second-half weighted,” said the statement.
Further opportunities exist to grow sales overseas, it added, both with new and existing customers.
Several product rollouts to additional stores are planned for the second half of the year and discussions are “active” with UK and overseas retailers about stocking its products.
Shares in the AIM-listed group were down 2% today at 578p, having reached an all-time high of 590p recently.