Sales Growth Quarter on Prior Year Quarter measures how quickly a company has been growing. This is measured as the growth against the same quarter in the prior year.
Sales growth shows the increase in sales over a specific period of time - this is important because, as an investor, you want to know that the demand for a company's products or services will be increasing in the future.
Growth rates differ by industry and company size. Sales growth of 5-10% is usually considered good for large-cap companies, while for mid-cap and small-cap companies, sales growth of over 10% is more achievable.
It is important to distinguish however between organic sales growth and acquisitive growth.
| Ticker | Name | Sales Growth | StockRank™ |
|---|---|---|---|
| LON:AFC | AFC Energy | 13723.08 | 17 |
| LON:VIP | Value and Indexed Property Income Trust | 6785.85 | 0 |
| LON:FWT | Foresight Technology VCT | 3500.00 | 0 |
| LON:AAS | Abrdn Asia Focus | 3207.89 | 0 |
| LON:PRTC | Puretech Health | 2422.22 | 60 |