2nd Dec 2020 12:56
Science in Sport PLC - sports nutrition company - Expects adjusted earnings before interest, tax, depreciation and amortisation of GBP1.0 million, not of Covid-19-related costs of GBP300,000. In prior year, it posted Ebitda loss of GBP300,000. "The business has generated a positive EBITDA each month from June 2020 onwards," Science in Sport adds. "Total online revenues are ahead 39% year-on-year at GBP23 million to the end of November. Online sales are expected to grow to approximately 51% of total revenue for the full year, compared with 38% in 2019."
Current stock price: 30.30 pence
Year-to-date change: down 31%
By Eric Cunha; [email protected]
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