Sosandar PLC news and archive

Sosandar posts 9 percent increase in full year revenues

Sosandar plc reported revenue of 46.3 million pounds, up 9 percent year-on-year and improved gross margin to 57.6 percent. Sosandar believes that market expectations for the year ended 31 March 2024 are revenue of 46.8 million pounds and PBT of 0.1 million pounds. Post year-end, the company said in a release that April trading has been strong...

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Sosandar bullish on growth plans despite posting H1 loss

For the first six month period, Sosandar net revenues increased by 6 percent to 22.3 million pounds, while gross margin improved to 55.8 percent. The company said its pre-tax loss reached 1.3 million pounds driven by lower revenue following the trialled reduction in promotional activity in the second quarter. Sosandar intends to operate its...

Business

Sosandar swings to profit, revenues up 44 percent

Sosandar Plc revenues of 42.5 million pounds, were up 44 percent for its financial year ended March 31, 2023. The company delivered PBT of 1.6 million pounds, a positive swing of 2.2 million pounds versus 0.6 million pounds loss in FY22. Gross margin was maintained at 56.1 percent. Commenting on the trading update, Ali Hall and Julie Lavington,...