Last checked at 29 Nov 2016 07:00
29 November 2016 | |
SCIENCE IN SPORT PLC
("SiS" or the "Company")
SiS receives award from Investors in People
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, has been awarded the Investors in People Standard, demonstrating their commitment to driving business performance by focusing on talent and skills.
The Company has invested in training and development of staff at its manufacturing facility in Lancashire and the London commercial office. Factory efficiencies have reached record levels during 2016, underpinning increased gross margins.
Investors in People is the UK's leading accreditation for business improvement through people management, and provides a wealth of resources for businesses to innovate, improve and grow, with a focus on good people making great business.
Steve Burrows, Managing Director of Investors in People North of England said: "This is a fantastic achievement for Science in Sport and I would like to congratulate the team on their success. We believe that good people make a great business and as a proven organisational development framework, Investors in People is designed to help organisations and their people to realise potential, enhance performance and meet goals. With their accreditation success, Science in Sport is certainly working to realise their people potential."
Commenting on the award, Stephen Moon, CEO of SiS, commented: "We have a supply chain delivering sector leading margins, our e-commerce platform is producing very strong growth, and brand awareness growth is outstripping that of our competitors. The foundation of this success is our team. The Investors in People award recognises the strategic investment we are making in talent."
For further information:
Science in Sport PLC | +44 (0) 20 7400 3700 |
Stephen Moon, CEO | |
Elizabeth Lake, Finance Director | |
Cenkos Securities - NOMAD and Broker |
+44 (0) 20 7397 8900 |
Bobbie Hilliam | |
Yellow Jersey PR - Financial PR | |
Felicity Winkles | +44 (0) 7748 843 871 |
Harriet Jackson | +44 (0) 7544 275 882 |
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 including WHEY20, a novel ready to consume whey protein product. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites. The Company sold product in more than 100 countries in 2015.
SiS is the official sports nutrition supplier to professional cycling teams Team Sky and Team WIGGINS. SiS is also the official supplier of sports drinks and sports nutrition to the GB Rowing Team. In addition, Olympians Sir Chris Hoy MBE, and Katarina Johnson-Thompson are brand ambassadors and Mark Cavendish MBE is their Elite Sports Consultant.
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
About Investors in People
· Investors in People make people management excellence count. They exist to help businesses realise the potential of their people, improve standards and gain the accreditation to prove it.
· Through the respected Standard, business insight and the IIP bank of tools and resources, organisations of all shapes and sizes can put their people first - and discover a brighter business future.
· Over the last 20 years, IIP has helped more than 100,000 businesses around the world improve, using their Accreditation Framework to boost working culture, increase employee engagement and encourage game-changing leadership.
· Investors in People is owned and managed by the UK Commission for Employment and Skills, an executive non-departmental public body of the Department for Business, Innovation and Skills.