长沙白资U币兑换|【唯一TG:@heimifeng8】|多语言谷歌留痕软件✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Sosandar update shows company on right track and at "inflection point"
Sandra Halliday Published
April 16, 2025
Womenswear retailer Sosandar has released a full-year trading update (to the end of March) and said that it’s been a period of “strong strategic progress with a positive year-on-year swing in margin and PBT”.
It added that it’s at an “inflection point back to top-line growth”.
In the year, the company “delivered what we set out to achieve: growth in margin and profit before tax [PBT], a reduction in price promotional activity and opening our first own stores”.
It added that it’s “now beginning to see the results of our disciplined approach coming through in our performance. March sales were in line with the prior year and this momentum has continued into April to date, with both own-site sales and sales as a whole ahead of the prior year”.
That said, PBT for the year “was softer than we had hoped, although a substantial positive swing compared with FY24. This was driven by slower February sales, but we continued to stick to our strategy and did not chase volume through implementing price promotions”.
PBT is expected to be not less than £0.5 million, which is better than a loss of £0.3 million in the previous year and a loss of £0.7 million in the first half of FY25.
Lower revenue of £37.2 million (down from £46.3 million) reflects the “continued transition away from price promotional activity”. And the improved gross margin of 62.5%, up from 57.6% in the prior year, reflects the continued focus on margin enhancement.
The company, which was formerly a pureplay e-tailer, opened its first six stores in FY25, and as mentioned, it said that post-year-end, April trading has “been strong, ahead of the prior year, building on the momentum seen in March and providing further confidence in the continued execution of the company's strategy”.