Science in Sport PLC - London-based sports nutrition company - Expects annual results to be ahead of current market expectations. Nonetheless, expects revenue to fall 18% to GBP51.9 million in the financial year ended December 31 from GBP62.8 million a year prior. But sees adjusted earnings before interest, tax, depreciation and amortisation of GBP4.2 million, more than double last year's GBP2.0 million.
Since the interim results in September, has continued to see improvements in its operational and financial performance, gaining further traction on returning to profitable growth from a stronger operating platform, with a significantly reduced cost base as well as improving operating margins and cash generation dynamics.
In financial 2025, says trading has started well, expects the return to growth seen in the second half of 2024 to continue in to 2025 together with the full effects of the cost savings made in 2024.
Current stock price: 26.01 pence
12-month change: up 76%
By Jeremy Cutler, Alliance News reporter
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