If you would like to learn more about future focusIR related events and roundtables, please submit your details here

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
29th Jul 202412:05 pmRNSTR-1: Notification of Major Holdings
29th Jul 202410:02 amRNSTR-1: Notification of Major Holdings
26th Jul 202411:52 amRNSTR-1: Notification of Major Holdings
24th Jul 202412:43 pmRNSResult of General Meeting and Total Voting Rights
16th Jul 202410:26 amRNSTR-1: Notification of Major Holdings
16th Jul 202410:11 amRNSTR-1: Notification of Major Holdings
16th Jul 202410:10 amRNSTR-1: Notification of Major Holdings
9th Jul 20249:20 amRNSDirector/PDMR Shareholding
8th Jul 20242:16 pmRNSDirector/PDMR Shareholding
8th Jul 20241:36 pmRNSPosting of Circular and notice of General Meeting
8th Jul 20247:00 amRNSResult of the Retail Offer
5th Jul 202412:38 pmRNSDirector/PDMR Shareholding
5th Jul 20247:01 amRNSManagement Incentive Plan
5th Jul 20247:00 amRNSResult of Placing and director dealings
4th Jul 20245:10 pmRNSRetail Offer for up to £0.5 million
4th Jul 20245:04 pmRNSProposed Placing and Retail Offer
1st Jul 20247:00 amRNSNominated Adviser and Broker
28th Jun 20243:42 pmRNSAnnual Report and Notice of Annual General Meeting
28th Jun 20247:00 amRNSFinal Results for the Year Ended 31 December 2023
28th Jun 20247:00 amRNSHalf Year Trading Update and Board Changes
12th Jun 20247:00 amRNSNotice of Results
21st May 20247:00 amRNSNotification of Major Holdings
20th May 20247:00 amRNSNotification of Major Holdings
20th May 20247:00 amRNSNotification of Major Holdings
15th May 202410:35 amRNSNotification of Major Holdings
14th May 202411:20 amRNSNotification of Major Holdings
6th Mar 20247:00 amRNSTrading Update
5th Jan 20247:00 amRNSDirector/PDMR Shareholding
5th Jan 20247:00 amRNSNotification of Major Holdings
29th Dec 202311:20 amRNSIssue of Equity and Total Voting Rights
19th Oct 20237:00 amRNSDirectorate Change
16th Oct 20237:00 amRNSBoard Changes
28th Sep 202310:30 amRNSInterim Results - Replacement
28th Sep 20237:00 amRNSAppointment of Non Exec Chairman
28th Sep 20237:00 amRNSInterim Results
28th Jul 20232:58 pmRNSResult of Annual General Meeting
28th Jul 20237:00 amRNSBoard changes
10th Jul 20237:00 amRNSDirector/PDMR Shareholding
5th Jul 20233:49 pmRNSTR-1: Notification of Major Holdings
5th Jul 20237:00 amRNSBoard Change and Notice of AGM
4th Jul 20237:30 amRNSRestoration - Science in Sport PLC
4th Jul 20237:00 amRNSRestoration of Trading & Posting of Annual Report
3rd Jul 20237:30 amRNSSuspension - Science In Sport Plc
3rd Jul 20237:00 amRNSTemporary Suspension
29th Jun 202310:38 amRNSReplacement RNS - Preliminary Results
29th Jun 20237:00 amRNSFinal results
28th Jun 202310:43 amRNSNotification of Major Holdings
23rd Jun 20237:00 amRNSNotice of Final Results
2nd May 20233:33 pmRNSAIM Rule 17 / Schedule 2(g) Update
18th Apr 20237:00 amRNSInvestor Site Visit

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.