Sports nutrition products supplier Science in Sport (LON:SIS) is on course to move into profit in 2020. The latest figures show good progress towards that goal helped by last year’s acquisition of PhD Nutrition.
AIM-quoted Science in Sport could generate a positive EBITDA in 2019 but it will be a proper pre-tax profit in 2020.
Interims
In the first half of 2019, revenues jumped from £9.9m to £24.9m. PhD was not included in the first half of last year - it only contributed 25 days figures for the full year. PhD cost £32m and was partly funded by a £29m share issue at 60p each. It added ...
