Search Share Prices
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.