Altitude ( (GB:ALT) ) just unveiled an update.
Altitude Group PLC has announced a significant trading update for the year ending 31 March 2025, projecting a revenue increase of up to 20.8% compared to the previous year, despite challenges such as currency exchange impacts and market softness due to US tariffs. A major highlight is the award of seven new university contracts, including a $4 million annual contract, boosting the Gear Shop division’s expected revenues significantly. The company continues to diversify its market presence, with the Gear Shop’s growth and new contracts positioning it for future expansion, even amidst short-term uncertainties.
More about Altitude
Altitude Group PLC is a leading provider of end-to-end solutions for branded merchandise, focusing on the promotional products industry. The company is known for its innovative Gear Shop solution, which caters to the collegiate market, and its Affiliate program (ACS) that recruits new distributors.
YTD Price Performance: -16.36%
Average Trading Volume: 48,880
Technical Sentiment Signal: Buy
Current Market Cap: £16.67M
Learn more about ALT stock on TipRanks’ Stock Analysis page.