Stock Market News
Science In Sport gets the formula right, sales up more than a quarter
Sports nutrition company Science in Sport (SIS) witnessed a 28% uptick in sales throughout its last trading year, as continued investment into the group's online platform and operations resulted in direct sales increasing by more than half.
Overall sales grew 28% to £15.6m for the twelve months ended 31 December 2017, with direct sales jumping 58% to £4.6m and third-party online retail sales moving ahead 27% to £3.9m.
Further development of international markets, a key focus of SIS over the trading year, resulted in a 60% year-on-year jump in international revenues to £4.4m, with the USA and Italy tapped for significant growth in 2018.
SIS was set to issue its full-year results on 21 March.
As of 1040 GMT, shares had fallen 1.35% to 73.00p.
Overall sales grew 28% to £15.6m for the twelve months ended 31 December 2017, with direct sales jumping 58% to £4.6m and third-party online retail sales moving ahead 27% to £3.9m.
Further development of international markets, a key focus of SIS over the trading year, resulted in a 60% year-on-year jump in international revenues to £4.4m, with the USA and Italy tapped for significant growth in 2018.
SIS was set to issue its full-year results on 21 March.
As of 1040 GMT, shares had fallen 1.35% to 73.00p.
Related share prices |
---|
Science In Sport (SIS) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price