REG - Sosandar PLC - Full Year Trading Update

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RNS Number : 2705A  Sosandar PLC  14 April 2026

14 April 2026

Sosandar plc

('Sosandar' or 'the Company')

 

Full Year Trading Update

Strong year-on-year growth in revenue, cash generative and PBT in line with
market expectations

 

Sosandar plc (AIM: SOS), the women's fashion brand, creating quality,
trend-led products for women of all ages, provides the following trading
update for its financial year ended 31 March 2026 ("FY26").

 

Highlights*

·    Total revenue of £42.3m, up 14% year-on-year

·    Own site revenue up 24% year-on-year

·    Profit before tax ("PBT") expected to be £0.4m (FY25: Loss £0.1m)

·    Gross margin of 63.9% (FY25: 62.1%)

·    Net cash of £8.4m, after £1.8m of share buybacks (£7.3m at 31
March 2025)

 

The Company delivered a consistently strong trading performance throughout
FY26. Margin enhancement and profitability remained firm priorities, with
meaningful and sustained margin improvement achieved across the year resulting
in PBT being in line with market expectations.

 

The year saw strong growth in revenue, up 14% to £42.3m, with own site
performing particularly well, up 24%. This performance was driven by increased
traffic, improved conversion and increased order volumes from both new and
existing customers. All categories performed well, from occasion wear through
to casual wear, demonstrating our ability to translate trends into a
distinctive Sosandar aesthetic.

 

Sosandar remained one of the top-selling brands across its third-party
partners, including NEXT, delivering robust trading through the period and
demonstrating the strength of its brand. As expected, trading with Marks &
Spencer has gradually resumed following their cyber incident, with stock
intake now back to expected levels.

 

The Company's store estate demonstrated a positive uplift in performance over
the year, with each store now in its second year of trading and those in
market town locations performing most strongly. As expected, stores continue
to weigh on overall profitability until they mature, particularly those in
shopping centres. The Company remains focused on driving profitability from
each individual location and does not anticipate any further new openings for
the foreseeable future.

The Board is confident in the Company's strategy and believes the foundations
are in place to deliver sustainable, profitable and cash-generative growth.

 

* Sosandar believes that market expectations for the year ended 31 March 2026
prior to publication of this announcement are revenues of £43.1 million and
profit before tax of £0.4 million.

 

Conference call

 

Sosandar is hosting a Q&A call for analysts and investors today at 9.30am
to discuss the Trading Update. If you would like to register for the call,
please follow this link: https://engageinvestor.news/SOS_IP26
(https://engageinvestor.news/SOS_IP26)

 

Enquiries

 Sosandar plc                                             www.sosandar.com (http://www.sosandar.com/)
 Julie Lavington / Ali Hall, Joint CEOs                   c/o Alma PR
 Steve Dilks, CFO

 Singer Capital Markets (Nominated Adviser & Broker)      +44 (0) 20 7496 3000

 Peter Steel / Amber Higgs / Paul Richards / Dan Ingram

 Alma Strategic Communications                            +44 (0) 20 3405 0205
 Sam Modlin / Rebecca Sanders-Hewett / Kinvara Verdon     sosandar@almastrategic.com (mailto:sosandar@almastrategic.com)

 

About Sosandar plc

Sosandar is a women's fashion brand in the UK targeting style conscious women
who have graduated from lower quality, price-led alternatives. The Company
offers this underserved audience fashion-forward, affordable, quality clothing
to make them feel sexy, feminine, and chic. The business sells predominantly
own-label exclusive product designed and tested in-house.

 

Sosandar's product range is diverse, providing its customers with an array of
choice for all occasions across all women's fashion categories. The company
sells through Sosandar.com and its own stores, and has a number of high value
brand partnerships including with NEXT and Marks & Spencer.

 

Sosandar's success has been built on an exceptional product range, seamless
customer experience and impactful, lifestyle marketing, all of which is
underpinned by combining innovation with data analysis. Our growth strategy is
focused on continuing to grow brand awareness and expand our addressable
market and routes to market, reaching customers wherever they wish to shop.
This is achieved both through direct to consumer channels and through chosen
third-party partners.

 

 Sosandar was founded in 2016 and listed on AIM in 2017. More information is
available at www.sosandar-ir.com (http://www.sosandar-ir.com/)

 

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