Strong first half continues into third quarter for Inspecs

Inspecs GroupSharecast graphic / Josh White

Inspects Group

56.50p

13:50 15/11/24

-3.42%

-2.00p

Eyewear frame designer, manufacturer and distributor Inspecs Group updated the market on its trading in the first nine months of the year on Thursday, reporting that the “strong” first-half performance had continued into the third quarter.

FTSE AIM 100

3,528.04

15:45 15/11/24

n/a

FTSE AIM All-Share

728.67

15:45 15/11/24

n/a

Personal Goods

13,736.36

15:45 15/11/24

2.34%

314.51

The AIM-traded firm said its unaudited revenues for the nine months ended 30 September totalled $185m, growing from $125.7m for the first half.

“The board remains cautious of headwinds in the fourth quarter as Covid-19 continues to impact the global supply chain, but the group remains confident in its full-year outlook,” the directors said in their statement.

The company also noted that the 2022 order book was in line with management expectations.

At 1046 BST, shares in Inspecs Group were down 1.49% at 384.2p.