Inspecs Group PLC Notice of Final Results (7343L)
04 May 2020 - 4:00PM
UK Regulatory
TIDMSPEC
RNS Number : 7343L
Inspecs Group PLC
04 May 2020
4 May 2020
Inspecs Group plc
("Inspecs" or "the Group")
Notice of Final Results
Inspecs Group plc, a designer, manufacturer and distributor of
eyewear frames to global retail chains, will announce Final Results
for the year ended 31 December 2019 on 12 May 2020.
For further information please contact:
Inspecs Group plc via FTI Consulting
Robin Totterman (CEO) Tel: +44 (0) 20
Chris Kay (CFO) 3727 1000
Peel Hunt (Nominated Adviser and Broker) Tel: +44 (0) 20
Adrian Trimmings 7418 8900
George Sellar
Andrew Clark
Will Bell
FTI Consulting (Financial PR) Tel: +44 (0) 20
Alex Beagley 3727 1000
James Styles
Fern Duncan
Alice Newlyn
About Inspecs Group plc
Inspecs is a designer, manufacturer and distributor of eyewear
frames. The Group produces a broad range of frames, covering
optical, sunglasses and safety, which are either "Branded" (either
under licence or under the Group's own proprietary brands), or
"OEM" (including private label on behalf of retail customers and
un-branded). As one of only a few companies that can offer this
one-stop-shop solution to global retail chains, Inspecs is well
positioned to continue to take market share in the globally
expanding eyewear market.
Inspecs customers include global optical and non-optical
retailers, global distributors and independent opticians, with its
distribution network covering over 80 countries and reaching
approximately 30,000 points of sale. In FY18, the Group generated
22.8 per cent. of its revenue in the UK and 77.2 per cent.
internationally.
Today Inspecs has operations across the globe: with offices in
the UK, Portugal, Scandinavia, the US and China (Hong Kong, Macau
and Shenzhen), and manufacturing facilities in Vietnam, China,
London and more recently, Italy.
The Group's growth strategy going forward is to: (i) continue to
grow organically; (ii) undertake further acquisitions (and drive
value through leveraging the Group's internal capabilities); and
(iii) extend the Group's manufacturing capacity.
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END
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