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MusicMagpie revenues bolstered by Black Friday

The groupโ€™s overall gross margin was slightly higher than last yearโ€™s at 27.7% as it continued to focus on margin expansion as opposed to revenue growth

MusicMagpie expects its full-year revenues to reach ยฃ136.6m, slightly down from ยฃ143.3m in the year prior, despite a โ€œrecordโ€ Black Friday period which has helped off-set a softer H1.ย ย 

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