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Half Year Trading Update

21 Jul 2015 07:00

RNS Number : 5749T
Science in Sport PLC
21 July 2015
 



For immediate release

21 July 2015

 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

Half Year Trading Update

Science in Sport plc (AIM: SIS), a leading sports nutrition company, is pleased to announce the following pre-close trading update ahead of its financial results for the six months ended 30 June 2015.

The Board is pleased to report another successful trading period during which sales continued to grow strongly.

Sales increased 19% to £5.24 million in the six months to 30 June 2015 compared with the same period the previous year (pro forma H1 2014 £4.42 million). Sales growth was particularly strong in e-commerce, both from third-party e-tailers and from the Company's own website, and in international markets.

As highlighted in the Company's preliminary results issued in March 2015, it is expected that year on year sales growth will be weighted towards the second half of the financial year.

The Board remains confident of the outlook for the full year and beyond.

SiS intends to issue its half year results on Thursday 24 September 2015.

For further information:

Science in Sport PLC

+44 (0) 20 7400 3700

Stephen Moon, CEO

Vivienne Sparks, Finance Director

Cenkos Securities

 

+44 (0) 20 7397 8900

Bobbie Hilliam - NOMAD and Broker

Buchanan

+44 (0) 20 7466 5000

Mark Court / Sophie McNulty / Sophie Cowles

sis@buchanan.uk.com

 

Notes for editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community.

The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SiS Protein, a whey protein range for lean muscle development. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

 

SiS is currently the official sports nutrition supplier to professional cycling teams Team Wiggins, JLT Condor, Madison Genesis, Team Katusha and Trek Factory Racing. SiS is also the official supplier of sports drinks and sports nutrition to the GB Rowing Team. In addition, Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Helen Jenkins are Elite Sports Consultants and brand ambassadors.

 

SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.

 

SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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