There is an announcement, titled “Trading Update”, today from Science in Sport (SIS), but which also has a headline “Fundamental Change in Operating Model and Restructuring of Cost Base”. Hmmm, as is usual, is that because trading isn’t going well?
‘Performance nutrition company’ Science in Sport (SIS) has announced what it states is “an ambitious growth and efficiency plan”and that on trading “momentum is gathering”. So what of a current share price up to 9p, giving a £15.5 million market capitalisation?
‘Performance nutrition company’ Science in Sport (SIS) “is pleased to announce the completion of the placing… raising gross proceeds of approximately £4.5 million… at a price of 37 pence per share” – and the shares have currently responded up to around 40p...
Self-styled “the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community”, Science in Sport (SIS) has updated commencing “2019 has seen rapid progress at the company… total sales growth for the year to 31 December 2019 is expected to be slightly ahead of market expectations, with sales momentum into 2020 underpinned by operational progress including a new PhD.com e-commerce platform and a new protein powder line, which is now in full production”. Sounds encouraging…
Sports nutrition company Science in Sport (SIS) has made a “Pre-Close Trading Update” announcement commencing that “sales increased 30% to £12.24 million in the 12 months to 31 December 2016”. Sounds promising, what about profitability?…
I tipped Science in Sport (SIS) last month following the announcement of an exciting tie-up with Liverpool FC. This morning sees the release of the company’s interim results, confirming excellent progress made and with good omens for future profitability.








