AIM WINNERS & LOSERS: Warpaint tops outlook; Avacta s Covid test works
Tue, 20th Apr 2021 11:35
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
AIM - WINNERS
Warpaint London, up 15% at 124.00 pence, 12-month range 35p-124p. The UK-based cosmetics retailer says trading in the second half of 2020 was stronger than previously anticipated and improved trading has continued to be experienced in the first quarter of 2021. Sales for the first three months of 2021 are ahead of the prior year and product gross margin also improved in the first quarter of 2021. Sales of the company s W7 branded products through Tesco stores in the UK continue to perform well, while activities in the US have been successfully refocused and restructured with the aim of increasing margin, reducing costs and building sales.