Sales are wanting good at Warpaint

Warpaint has posted bumper gross sales as demand for its lipsticks and eyeshadow soar.

The British make-up model had beforehand mentioned it anticipated gross sales for the yr to the top of December to hit at the least £85m.

But the group has revealed that full-year gross sales have ballooned to as a lot as £89.5m because of a robust run as much as Christmas. 

This was up from the £64.1m it made the earlier yr and follows robust buying and selling all through 2023.

The firm, which is listed on London’s Aim, has seen a gentle progress following the pandemic as consumers splash out on cosmetics.

Boost: Warpaint has revealed that full-year gross sales have ballooned to as a lot as £89.5m because of a robust run as much as Christmas

Profits jumped to as a lot as £18m in the course of the 12 months.

Shares within the group climbed 3.4 per cent, or 13p to 395p, yesterday.