MusicMagpie revenues bolstered by Black Friday
The group’s overall gross margin was slightly higher than last year’s at 27.7% as it continued to focus on margin expansion as opposed to revenue growth
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MusicMagpie expects its full-year revenues to reach £136.6m, slightly down from £143.3m in the year prior, despite a “record” Black Friday period which has helped off-set a softer H1.