SOS has reported a strong Q3 with sales up 30%, and growth from all categories & channels. Gross margin was also up 100bps, partly reflecting the early benefits of the shift to lower cost sea freight, where more opportunity lies. Sosandar has a clearly differentiated and appealing product offer and its agile, design-led, data-driven approach is delivering market share gains. After a 5th consecutive quarter of profitability, and still with just c0.2% market share, the investment case for this exc ....

10 Jan 2023
Strong growth and margin gains over peak period

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Strong growth and margin gains over peak period
Sosandar Plc (SOS:LON) | 8.0 0 0.0% | Mkt Cap: 19.9m
- Published:
10 Jan 2023 -
Author:
Matthew McEachran -
Pages:
3 -
SOS has reported a strong Q3 with sales up 30%, and growth from all categories & channels. Gross margin was also up 100bps, partly reflecting the early benefits of the shift to lower cost sea freight, where more opportunity lies. Sosandar has a clearly differentiated and appealing product offer and its agile, design-led, data-driven approach is delivering market share gains. After a 5th consecutive quarter of profitability, and still with just c0.2% market share, the investment case for this exc ....