Science In Sport (SIS)

Sector:

Food

Index:

FTSE AIM All-Share

 15.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 17.75
  • 52 Week Low: 7.40
  • Currency: UK Pounds
  • Shares Issued: 182.27m
  • Volume: 14,209
  • Market Cap: £28.71m

Science in Sport revenues soar following PhD acquisition

By Iain Gilbert

Date: Tuesday 09 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Performance nutrition company Science in Sport saw revenues skyrocket in the first half of its trading year, driven by its recent acquisition of protein drink manufacturer PhD Nutrition.
Group revenue for the six months ended 30 June came to £24.9m, a 152% year-on-year increase, while on a like-for-like basis, total group sales grew 21%.

The AIM-listed group said PhD had traded in line with expectations during the half, with half-year sales up 16% at £12.4m. International sales were up 58%, while UK sales were up a more modest 7%.

Science in Sport branded sales rose 25% to £12.5m, again driven by international growth of 55%, while growth in the UK was 10%. Online sales pushed up 52%.

"Integration of the two businesses is progressing well and is in line with our plan and expectations. Important milestones achieved in the first half include relaunching the PhD.com website, opening an e-commerce fulfilment facility and exploiting international distribution synergies, for example, the PhD brand has been launched in a number of existing SiS markets," it said.

Science in Sport also noted that its cash position at the half remained strong at £5m and said it continued to trade well and remain in line with market expectations for the full year.

As of 0905 BST, SIS shares climbed 4.50% to 62.70p.

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SIS Market Data

Currency UK Pounds
Share Price 15.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 17.75
52 Week Low 7.40
Volume 14,209
Shares Issued 182.27m
Market Cap £28.71m

SIS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Price Trend
22.63% above the market average22.63% above the market average22.63% above the market average22.63% above the market average22.63% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
19.06% below the market average19.06% below the market average19.06% below the market average19.06% below the market average19.06% below the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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SIS Dividends

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Trades for 28-Mar-2024

Time Volume / Share Price
16:31 10,000 @ 15.60p
15:40 100 @ 15.50p
15:40 50 @ 15.50p
13:21 227 @ 15.55p
13:21 871 @ 15.55p

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