21st Feb 2023 11:39
(Alliance News) - Revolution Beauty Group PLC on Tuesday said it is working with its auditor BDO LLP to publish its results on or around March 30.
The beauty products retailer also said it will continue to work towards lifting the suspension of trading in its shares "as soon as possible following the release of its financial 2022 accounts."
In addition, Revolution Beauty said it plans to release its unaudited interim financial statements for the six-month period to August 31, 2022, which it intends to issue at the same time as its full-year results.
In September, the company's auditor BDO LLP said it had a "number of serious concerns" regarding the audit for the 2022 financial year, concluding that it was not able to sign an audit report. It recommended that Revolution Beauty appoint independent external advisers to conduct an investigation.
Trading in the company's shares has been suspended since September 1 after it failed to deliver its first audit by August 31. The company floated in July 2021.
By Sophie Rose, Alliance News reporter
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