eve Sleep PLC - London-based sleep wellness brand - Widens pretax loss in 2021 to GBP3.4 million from a loss of GBP2.4 million the previous year. Revenue rises 5.4% to GBP26.6 million from GBP25.2 million year-on-year. Company says this is its second consecutive year of revenue growth. Revenue growth was led by the UK and Ireland market, which achieved its third consecutive year of improvement. Revenue in its French business declines 13% in 2021. Calls the first quarter of 2021 its "strongest" and as a result says trading in January and February has been softer than last year, but 6% up on 2020.
Current stock price: 1.99 pence
12-month change: down 61%
By Heather Rydings; heatherrydings@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
