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Science In Sport ( (GB:SIS) ) just unveiled an update.
Science in Sport plc announced its unaudited financial results for FY24, which surpassed market expectations, showing significant improvements in adjusted EBITDA and net debt reduction. The company attributes this success to a revamped operating model and cost efficiencies, leading to enhanced profitability and operational performance. The outlook for FY25 is optimistic, with expectations of continued growth driven by strategic focus on profitable revenue growth through distribution agreements, improved margins, and effective marketing.
More about Science In Sport
Science in Sport plc is a leading sports nutrition business headquartered in London. The company develops, manufactures, and markets innovative nutrition products aimed at professional athletes, sports enthusiasts, and the active lifestyle community. It operates two main brands, PhD Nutrition, which targets the active lifestyle community with high-quality, innovative products, and SiS, a renowned endurance nutrition brand for elite athletes and sports teams. These brands are distributed through digital platforms, third-party online sites like Amazon and eBay, and a wide range of retail networks globally.
YTD Price Performance: -3.85%
Average Trading Volume: 279,834
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £57.56M
See more insights into SIS stock on TipRanks’ Stock Analysis page.
