Less Ads, More Data, More Tools Register for FREE

Pin to quick picksScience Sprt Regulatory News (SIS)

  • This share is currently suspended. It was suspended at a price of 33.50
  • There is currently no data for SIS

Pre-Close Trading Update

16 Jan 2018 07:00

RNS Number : 9315B
Science in Sport PLC
16 January 2018
 

For immediate release

16 January 2018

 

 

 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

 

Pre-Close Trading Update

 

Science in Sport plc (AIM: SIS), a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts, is pleased to announce the following pre-close trading update for the 12 months ended 31 December 2017. The Group traded well in 2017 and expects to report a full year result in line with expectations.

Sales increased 28% to £15.6 million in the 12 months to 31 December 2017 compared with the same period the previous year (2016: £12.2 million).

 

Continued investment in the Company's scienceinsport.com platform and operations resulted in a 58% increase in direct sales year on year to £4.6m. Third-party Online retailers delivered robust growth of 27% to £3.9m. Retail sales including distributors outgrew the market at 13.8% to £7.1m.

 

Further development of International markets was a key focus during the year. Growth across all International revenue was 60% reaching £4.4m. Ex-plan investment was made in the USA and Italy which has set these markets up for significant growth in 2018 following the raising of additional funding in December 2017. The Australian business continued to perform to expectation.

 

Marketing investment resulted in record levels of brand awareness and usage.

 

The Board remains confident of continued strong growth in 2018 and beyond. The Company intends to issue its full year results on Wednesday 21 March 2018.

 

 

For further information:

 

Science in Sport plc

 

www.scienceinsport.com

 

Science in Sport PLC

 

Stephen Moon, CEO

Elizabeth Lake, Finance Director

+44 (0) 20 7400 3700

 

Cenkos Securities

 

+44 (0) 20 7397 8900

Bobbie Hilliam - NOMAD and Broker

 

 

 

 

 

 

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 - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).

 

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; SiS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance; SiS supplements, comprising BCAA Perform, Creatine, Beta Alanine, L Glutamine and SiS Immune. 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 SKY along with national associations British Cycling, Cycling Australia, USA Cycling, USA Triathlon and British Triathlon. In addition, Olympians Sir Chris Hoy MBE, and Mark Cavendish MBE are 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
 
 
TSTLLFERLIIELIT
Date   Source Headline
17th Jun 20257:00 amRNSCancellation - Science in Sport plc
17th Jun 20257:00 amRNSCancellation - Science in Sport Plc
16th Jun 20259:03 amRNSScheme of Arrangement Becomes Effective
16th Jun 20257:30 amRNSTemporary suspension of trading on AIM
16th Jun 20257:30 amRNSSuspension - Science in Sport plc
12th Jun 20253:10 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
12th Jun 20253:07 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
12th Jun 20251:20 pmRNSForm 8.3 - Science in Sport PLC
12th Jun 202512:36 pmRNSCourt Sanction of Scheme of Arrangement
12th Jun 20257:00 amRNSForm 8.3 - SCIENCE IN SPORT PLC
10th Jun 20253:08 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
10th Jun 20252:58 pmRNSForm 8.3 - Science in Sport plc
10th Jun 20257:00 amRNSForm 8.3 - SCIENCE IN SPORT PLC
9th Jun 20256:00 pmRNSScience in Sport
6th Jun 20253:17 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
6th Jun 20251:45 pmRNSForm 8.3 - Science in Sport plc
5th Jun 20253:10 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
5th Jun 20253:07 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
5th Jun 20251:10 pmRNSForm 8.3 - Science in Sport plc
5th Jun 20257:00 amRNSNotice of AGM
5th Jun 20257:00 amRNSForm 8.3 - Science In Sport PLC
4th Jun 20253:24 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
3rd Jun 202512:45 pmRNSForm 8.3 - Science in Sport Plc
3rd Jun 202512:12 pmBUSForm 8.3 - Science in Sport
3rd Jun 202510:11 amBUSForm 8.3 - Science in Sport
2nd Jun 20253:11 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
2nd Jun 20253:00 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
2nd Jun 20257:00 amRNSForm 8.3 - Science In Sport PLC
29th May 20255:34 pmRNSResult of Court and General Meeting
29th May 202510:26 amRNSForm 8.5 (EPT/RI)
28th May 20253:15 pmRNSForm 8.3 - Science In Sport PLC
28th May 202511:57 amRNSForm 8.3 - Science in Sport PLC
28th May 202510:38 amRNSForm 8.5 (EPT/RI)
27th May 202511:54 amRNSUpdate on Irrevocables
23rd May 20253:15 pmRNSForm 8.3 - Science In Sport PLC
22nd May 20253:05 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
22nd May 20251:49 pmBUSForm 8.3 - Science in Sport
21st May 20253:08 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
21st May 202511:19 amBUSForm 8.3 - Science In Sport Plc
16th May 20253:10 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
16th May 20253:08 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
16th May 20252:16 pmRNSForm 8.3 - Science in Sport Plc
15th May 202512:39 pmRNSForm 8.3 - Science in Sport PLC
14th May 20253:10 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
14th May 20252:44 pmRNSForm 8.3 - Science in Sport PLC
13th May 20253:10 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
13th May 202511:12 amRNSForm 8.5 (EPT/RI)
13th May 202511:12 amRNSForm 8.3 - Science in Sport plc
13th May 202510:56 amRNSForm 8.3 - Science in Sport PLC
9th May 202510:20 amRNSForm 8.5 (EPT/RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.