Science in Sport (SiS), a leading sports nutrition company, today announced its preliminary results. The Group has changed its year end from March to December owing to operational reasons, and as such, the results are announced as pro forma results for the 12 months to December 2014 and have been compared to the twelve months prior to this, to December 2013, to allow for a fair analysis of growth.
Sales were up across all channels with a 23.4% increase in revenue to £8.03m (2013: £6.51m) and underlying operating loss was on an improving trend in line with management expectations, at £0.19m (2013: £0.34m).
Ongoing overheads excluding sales and marketing were £1.88 million (2013: £1.38 million) for the year, reflecting a full year of costs as a standalone PLC, versus a part period in 2013 following the demerger…
Investor's Champion offers objective, incisive and forthright comment on quoted companies and personal finance. Our content addresses what we believe are the key issues in helping make your money go further.
Investor's Champion is a registered trade mark of Investors Champion Ltd. Investor's Champion Limited is a company registered in England and Wales under number 03577867 whose registered office is at c/o Cox Costello & Horne, 26 Main Avenue, Moor Park, England, HA6 2HJ.