Sosandar (SOS)

Sector:

Retailers

Index:

FTSE AIM All-Share

 18.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 36.00
  • 52 Week Low: 18.00
  • Currency: UK Pounds
  • Shares Issued: 221.41m
  • Volume: 55,664
  • Market Cap: £40.96m

Sosandar hails 'exciting time' of growth and development

By Iain Gilbert

Date: Monday 23 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Women's fashion brand Sosandar said on Monday that the first half of the year had been "an exciting time of growth and development".
Following the completion of Sosandar's oversubscribed placing in July, the group said it had accelerated its growth by carefully deploying funds to strengthen its design capability, widen its product range and trial additional marketing channels.

Chairman Bill Murray was set to tell investors at the annual meeting later in the day that the increased investment made into marketing and products was producing "very good results" and increased customer acquisition, alongside continued growth from the AIM-listed group's "ever-expanding base of loyal existing customers".

Murray said Autumn results had been "very strong" so far and that midway through September, revenue had already exceeded that achieved in the whole of September 2018.

"We are pleased with the recent performance of the business, which has been in line with management expectations. We are well-funded for continued growth and these are extremely exciting times for Sosandar," said Murray.

As of 1000 BST, Sosandar shares had climbed 6.98% to 17.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Sosandar Market Data

Currency UK Pounds
Share Price 18.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 36.00
52 Week Low 18.00
Volume 55,664
Shares Issued 221.41m
Market Cap £40.96m

Sosandar Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.18% below the market average52.18% below the market average52.18% below the market average52.18% below the market average52.18% below the market average
10.64% below the sector average10.64% below the sector average10.64% below the sector average10.64% below the sector average10.64% below the sector average
Price Trend
3.63% below the market average3.63% below the market average3.63% below the market average3.63% below the market average3.63% below the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Income Not Available
Growth
52.86% above the market average52.86% above the market average52.86% above the market average52.86% above the market average52.86% above the market average
56.00% above the sector average56.00% above the sector average56.00% above the sector average56.00% above the sector average56.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sosandar Dividends

No dividends found

Trades for 01-Jul-2022

Time Volume / Share Price
16:29 3,236 @ 18.54p
15:26 525 @ 18.54p
08:25 50,000 @ 18.50p
08:24 1,903 @ 18.38p

Sosandar Key Personnel

CFO Stephen Dilks

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