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Sosandar PLC on Tuesday said it is on track to meet market expectations as it reported a return to annual profit and double-digit growth in full-year sales. The Cheshire, England-based online women’s fashion brand posted a pretax profit of £31,000 in the financial year ended March 31, swung from a £67,000 loss the year prior. Adjusted pretax profit rose to £377,000 from £156,000, in line with expectations set out April. This excludes store impairment charges in the financial year just ended and warehouse costs in the prior year. Revenue grew 14% to £42.3 million from £37.1 million, and gross margin increased to 64.0% from 62.1%. Own website sales increased 24%, driven by higher site traffic, improved conversion rates, and increased order volumes from both new and existing customers with increased marketing spend delivering a return on investment. In the first three months of the current financial year, sales rose 22% to £11.6 million from £9.5 million a year before. The prior year’s figure reflected minimal sales made by Sosandar through Marks & Spencer Group PLC due to a cyber attack on the FTSE 100 food, fashion and homewares retailer. Own website revenue for Sosandar increased 7% versus the prior year in the quarter and gross margin improved to 65.2%. ‘Trading with third-party partners continues to be strong, including M&S, with all partners trading ahead of the prior year,’ the firm said. Co-Chief Executives Ali Hall and Julie Lavington said: ‘We set out at the start of the year to demonstrate that we could return to strong revenue growth while maintaining margins and improving profitability, and we have delivered on all three.’ ‘We remain on track to deliver full year market expectations’, they added. Shares in Sosander rose 4.7% to 11.78 pence each in London on Tuesday. They are up 47% over the past 12 months. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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