- Gear4music (Holdings)
- 20 January 2026 10:15:49
Source: Sharecast
Gear4music said UK revenues were up 27% year-on-year at £37.8m, while Europe and Rest of World revenues shot up 39% to £26.8m. As a whole, total group revenues were 32% higher at £64.6m in the peak seasonal trading period.
The London-listed group also said gross margins had expanded to 29.0%, up from 28.1% a year earlier, reflecting continued pricing discipline, while gross profits increased by £5m to £18.7m. As a result, FY26 underlying earnings were now expected to be ahead of consensus market expectations, with EBITDA of not less than £17.7m.
Executive chairman Andrew Wass said: "I am pleased to report a very strong third quarter performance, with the Group continuing to deliver significant revenue growth through the peak seasonal trading period.
"While the macro-economic and consumer environment remains uncertain, the group continues to deliver strong momentum and improving profitability, supported by a clear and disciplined strategy for sustainable growth. Given the continued strength of trading and the benefits of the revised capital expenditure profile, the Board has upgraded its expectations for FY26, FY27 and FY28."
As of 1015 GMT, Gear4music shares were up 0.32% at 311p.
Reporting by Iain Gilbert at Sharecast.com