Interims confirm substantial progress is being made at Sosandar, and validate the strategy which is design-led, data-driven, agile and benefiting from forensic forward planning. The results are clear, with revenue up 184%, actives +41% and gross margin up 420bps. Alongside cost management and scale economies, EBITDA losses reduced. Supply chain disruption has been minimal and, using some of the placing proceeds, stock intake has stepped up markedly for peak as planned. This has driven sales grow ....
30 Nov 2021
Exceptional strategic execution drives FY22 upgrades
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Exceptional strategic execution drives FY22 upgrades
Sosandar Plc (SOS:LON) | 12.2 0 0.0% | Mkt Cap: 30.4m
- Published:
30 Nov 2021 -
Author:
Matthew McEachran | N+1 Singer Team -
Pages:
3
Interims confirm substantial progress is being made at Sosandar, and validate the strategy which is design-led, data-driven, agile and benefiting from forensic forward planning. The results are clear, with revenue up 184%, actives +41% and gross margin up 420bps. Alongside cost management and scale economies, EBITDA losses reduced. Supply chain disruption has been minimal and, using some of the placing proceeds, stock intake has stepped up markedly for peak as planned. This has driven sales grow ....