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This is a tough business

28/10/2021 · Inspecs (SPEC)  · Virgin Wines UK (VINO) 
AIM UK

Results and updates covered here include those of an online retailer which has seen sales rise substantially over the pandemic. Despite the positive outlook, it looks a very tough business to us, with little to differentiate it from a host of rivals. Find out more here.

Inspecs: looking good Inspecs Group (AIM:SPEC), the Bath-based designer and manufacturer of eyewear frames and optically advanced spectacle lenses, confirmed that the strong trading performance delivered in the first half has continued into the third quarter with revenues for the nine months to 30 September 2021 of $185.0m (six months to 30 June 2021: $125.7m). As with many businesses, COVID continues to impact its global supply chain, but Inspecs remains confident in its full year outlook and notes the 2022 order book is in line with management's expectations. Let’s hope it can keep costs under control and we don’t have…

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