Warpaint maintains expectations amid tough trading conditions

16th Jun 2026 09:31

(Sharecast News) - Warpaint London said on Tuesday that its full-year expectations remained unchanged, despite difficult trading conditions continuing into 2026, as sales from 1 April to 31 May were ahead of the same period last year and group margins improved compared with 2025.

The AIM-traded cosmetics supplier said sales were expected to be more second-half weighted than in prior years due to the timing of larger orders and planned customer rollouts.

It said Dirk Rossmann launched a capsule range of W7 products into 2,200 German stores in May, with early sales described as encouraging, while in the US it will launch an online Christmas gift range with Ulta Beauty alongside a previously announced improved Christmas order from Walmart.

Warpaint said it had no debt and cash of £20.6m at 31 May, up from £15.0m a year earlier.

It also said Paul Hagon would step down from the board as part of advanced discussions to renew and expand its contract with Ward & Hagon Management Consulting.

At 0903 BST, shares in Warpaint London were up 0.93% at 217p.

Reporting by Josh White for Sharecast.com.

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