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Gear4Music Holdings PLC - York, England-based instruments and music equipment retailer - Reports trading in current financial year to date has been in line with the board’s expectations and that the company expects its growth strategy to deliver results in the second half of the year, which ends on March 31. ‘We are well prepared operationally for the upcoming seasonal peak trading period, and the board remains confident of the delivery of our medium and longer-term profitable growth strategy,’ Gear4Music says.
Market consensus expects revenue to increase 7.1% to £154.7 million in financial 2025 from £144.4 million the previous year. Forecasts anticipate pretax profit will multiply to £2.8 million from £600,000.
Current stock price: 180.00 pence, down 3.2%
12-month change: up from 87.50p
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