By Iain Gilbert
Date: Wednesday 09 Jan 2019
LONDON (ShareCast) - (Sharecast News) - British sports nutrition outfit Science in Sport expects to trade in line with market expectations, having reported a hefty increase in full-year sales .
Revenues shot up 36.54% to £21.3m, while underlying sales grew 27% to £19.8m.
The AIM-listed group turned in a particularly good performance from its online wing, which reported a 29% improvement year-on-year to £11.2m and also saw the rapid pace of its international expansion continue with foreign sales jumping 55% to £6.8m.
SIS credited its "ahead of sector norm revenue growth" to its expansion and delivery into the strategic markets of USA, Italy, Australia and China.
Chief executive Stephen Moon said: "Our consistent strategy of investment in brand and innovation produced a strong performance in line with our expectations."
"We remain committed to an omni-channel strategy, however our focus on the growth drivers of the SiS.com business and developing international markets produced exceptional results."
As of 0910 GMT, SIS shares had picked up 2.71% to 54.95p.
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Currency | UK Pounds |
Share Price | 26.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 27.00p |
52 Week Low | 11.75p |
Volume | 46,382 |
Shares Issued | 232.27m |
Market Cap | £60.39m |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:00 | 470 @ 25.02p |
15:57 | 15 @ 26.10p |
15:43 | 814 @ 25.04p |
11:42 | 1,000 @ 25.04p |
09:09 | 35,000 @ 25.02p |
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