Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Investors panic after lipstick seller reports no growth in Europe so far in 2017
Thursday 29 Jun 2017 Author: Daniel Coatsworth

Shares in lipstick seller Warpaint (W7L:AIM) fell by 11% to 215p on 26 June as investors were spooked by disappointing progress in Europe. The company says sales in that region so far this year are flat
on 2016.

We note that broker Stockdale didn’t see any reason to change its earnings forecasts. It retains a 300p price target for the shares.

‹ Previous2017-06-29Next ›