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Jan 19 2022, 07:35 GMT
Science in Sport
Pre-close statement confirms operating momentum and healthy category growth
- Sectors : Foods
- Companies : Science in Sport
DAVY VIEW
Science in Sport (SIS)’ pre-close trading update highlights strong operating momentum and underscores the health of active nutrition category growth. Notwithstanding interminable supply chain challenges, performance was ahead of expectations, with full-year revenues growing 25% and EBITDA doubling to £2.2m. Margin progression was anchored by operating (supply chain) efficiencies, the continued shift online, new product innovation and pricing. A premium brand strategy and favourable gross margin profile offer important levers for SIS to mitigate cost inflation.
