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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
8th May 202510:34 amRNSForm 8.5 (EPT/RI)
7th May 20253:04 pmRNSForm 8.3 - SCIENCE IN SPORT PLC
6th May 20257:00 amRNSPublication of Scheme Document
2nd May 20254:11 pmRNSDisclosure under Rule 2.10 of the Takeover Code
2nd May 20252:31 pmRNSForm 8.3 - Science in Sport PLC
2nd May 20259:07 amRNSForm 8 (OPD) Science in sport plc
1st May 202510:40 amRNSForm 8.5 (EPT/RI) - Science in Sport PLC
30th Apr 202511:09 amRNSForm 8.3 - Science in Sport PLC
30th Apr 20259:59 amBUSForm 8.3 - Science in Sport PLC
30th Apr 20258:53 amGNWForm 8.5 (EPT/RI) - Science in Sport plc
30th Apr 20258:11 amRNS2024 Annual Report
29th Apr 20259:38 amBUSForm 8.3 - Science in Sport PLC
28th Apr 20257:00 amRNSFinal Results
25th Apr 202512:04 pmRNSForm 8.3 - Science in Sport plc
25th Apr 20259:38 amBUSForm 8.3 - Science in Sport plc
24th Apr 20255:01 pmRNSForm 8.3 - Science in Sport plc
24th Apr 20259:45 amBUSForm 8.3 - Science in Sport PLC
24th Apr 20259:37 amPRNForm 8.3 - Science In Sport Plc
23rd Apr 20255:08 pmBUSForm 8.3 - Science in Sport Plc
23rd Apr 20255:00 pmRNSForm 8.3 – Science in Sport plc
23rd Apr 202511:11 amRNSForm 8.5 (EPT/RI)
22nd Apr 20251:46 pmRNSForm 8.3 - Science in Sport PLC
22nd Apr 20251:44 pmRNSTR-1: Notification of Major Holdings
22nd Apr 202511:58 amRNSForm 8.3 - Science in Sport PLC
22nd Apr 202510:59 amRNSForm 8.5 (EPT/RI)
22nd Apr 20258:12 amGNWForm 8.5 (EPT/RI)-Science in Sport plc
17th Apr 20253:06 pmRNSForm 8.3 - Science in Sport
17th Apr 20252:52 pmGNWForm 8.3 - [SCIENCE IN SPORT PLC - Opening Disclosure - 16 04 2025] - (CGAML)
17th Apr 20252:46 pmRNSForm 8.3 - Science in Sport PLC
17th Apr 20252:39 pmRNSRecommended Cash Acquisition
17th Apr 20252:01 pmRNSForm 8.3 - Science in Sport plc
17th Apr 202512:50 pmRNSForm 8.3 - Science in Sport Plc
17th Apr 202511:46 amRNSForm 8.3 - Science in Sport plc
17th Apr 202510:25 amRNSForm 8.5 (EPT/RI) - Replacement
17th Apr 202510:08 amRNSForm 8.3 - Science in Sport plc
17th Apr 202510:05 amRNSForm 8.5 (EPT/RI)- Science in Sport plc
17th Apr 20259:04 amGNWForm 8.5 (EPT/RI) - Science in Sport plc
16th Apr 20252:36 pmRNSPossible Offer Clarification
16th Apr 20251:49 pmRNSPossible Offer
30th Jan 20257:00 amRNSTrading Statement
21st Nov 20245:32 pmRNSNotification of major holdings
27th Sep 20247:00 amRNSDirector/PDMR Shareholding
24th Sep 20247:00 amRNSDirector/PDMR Shareholding
24th Sep 20247:00 amRNSNotification of Major Holdings
18th Sep 20247:00 amRNSDirector/PDMR Shareholding
16th Sep 20247:00 amRNSInterim Results
15th Aug 20248:48 amRNSReplacement: Result of Annual General Meeting
31st Jul 20245:03 pmRNSResult of Annual General Meeting
31st Jul 20244:01 pmRNSNotification of Major Holdings
31st Jul 20244:00 pmRNSReplacement: Director/PDMR Shareholding

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