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Share Price: 19.00
Bid: 18.50
Ask: 19.50
Change: 0.00 (0.00%)
Spread: 1.00 (5.405%)
Open: 19.00
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Low: 19.00
Prev. Close: 19.00
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Science in Sport revenues improve as global expansion continues

Wed, 09th Jan 2019 09:17

(Sharecast News) - British sports nutrition outfit Science in Sport expects to trade in line with market expectations, having reported a hefty increase in full-year sales .Revenues shot up 36.54% to £21.3m, while underlying sales grew 27% to £19.8m.The AIM-listed group turned in a particularly good performance from its online wing, which reported a 29% improvement year-on-year to £11.2m and also saw the rapid pace of its international expansion continue with foreign sales jumping 55% to £6.8m.SIS credited its "ahead of sector norm revenue growth" to its expansion and delivery into the strategic markets of USA, Italy, Australia and China.Chief executive Stephen Moon said: "Our consistent strategy of investment in brand and innovation produced a strong performance in line with our expectations.""We remain committed to an omni-channel strategy, however our focus on the growth drivers of the SiS.com business and developing international markets produced exceptional results."As of 0910 GMT, SIS shares had picked up 2.71% to 54.95p.
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30 Sep 2022 12:23

Science in Sport hits all-time low as it kicks off strategic review

(Alliance News) - Science in Sport PLC on Friday said weakening consumer demand, temporary supply chain issues and input cost increases have combined to impact trading as it considers selling the business.

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30 Sep 2022 09:35

Science in Sport interim losses widen, considering sale

(Sharecast News) - Science in Sport announced a £5m share placing on Friday to strengthen its balance sheet, as it reported a swing to an underlying EBITDA loss for the first half and said it could put itself up for sale.

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16 Sep 2022 09:37

Science in Sport picks Unbound's Daniel Lampard as new finance head

(Alliance News) - Science in Sport PLC on Friday named Unbound Group PLC's Daniel Lampard as its new chief financial officer.

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16 Sep 2022 08:36

Science in Sport names Daniel Lampard as CFO

(Sharecast News) - Performance nutrition company Science in Sport has named Daniel Lampard as its next chief financial officer.

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8 Jul 2022 09:46

Science in Sport shares drop on lower than expected revenue

(Alliance News) - Shares in Science in Sport PLC dropped on Friday as it said that revenue growth has been "lower than expected".

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9 Jun 2022 13:02

Science in Sport CFO James Simpson to resign after three years in post

(Alliance News) - Science in Sport PLC on Thursday said Chief Financial Officer James Simpson will leave the company in September.

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4 May 2022 16:07

IN BRIEF: Science in Sport partners with New York City Marathon

Science in Sport PLC - London-based sports nutrition firm - Signs three-year partnership with New York Road Runners and TCS New York City Marathon to be the exclusive sports nutrition and energy gel partner. Will provide products to eight NYRR events this year, and for around 50,000 runners in the New York City Marathon.

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28 Apr 2022 20:58

TRADING UPDATES: In The Style, International Personal Finance upbeat

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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29 Mar 2022 12:33

IN BRIEF: Science in Sport loss widens as it counts rising costs

Science in Sport PLC - London-based sports nutrition firm - Pretax loss widens to GBP5.3 million in 2021 from GBP2.3 million in 2020. The main reasons are share-based payment expenses of GBP2.9 million from a 2021 bonus award. In 2020, share-based payment expenses amounted to just GBP226,000. Another cost factor for 2021 was the strategic investment in technology and data science, the company explains. Data science includes the cloud software accounting policy change, which cost GBP728,000, Science in Sport says. The transition to the new Blackburn supply chain facility, which will start operations in April, cost GBP125,000.

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29 Mar 2022 09:15

Science in Sport reports record trading as loss doubles

(Sharecast News) - Science in Sport said it was trading at record levels as the nutrition products company reported a more than doubling of its annual loss.

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19 Jan 2022 16:52

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29 Sep 2021 14:33

IN BRIEF: Science in Sport agrees new partnership with NBA champions

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