REG - SpaceandPeople PLC - Trading Update

SpaceandpeopleAnnouncement

22/07/2025 07:00

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RNS Number : 9555R  SpaceandPeople PLC  22 July 2025

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 as it forms part of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the
Company's obligations under Article 17 of MAR. Upon the publication of this
announcement, this inside information is now considered to be in the public
domain.

 

SpaceandPeople plc

("SpaceandPeople" or the "Group")

 

Trading Update

 

SpaceandPeople (AIM:SAL) the brand experience, retail and promotional
specialist, is pleased to announce a positive pre-close trading update for the
half-year ended 30 June 2025 ("H1-25").

Trading during H1-25 has been strong, particularly in the UK brand experience
sector, with Group revenue being £3.7m (H1-24: £2.9m).

During H1-25 the Group opted to invest into innovating and improving our
warehousing and operations efficiencies. Even when factoring in this planned
one-off investment, the Group has delivered a significant upswing to a break
even position at the half year stage versus a £0.2m loss at same time last
year. As a result, the Group now anticipates full year revenue for 2025 will
be approximately £8.3m with profit before taxation of approximately £0.5m.

As at 30 June 2025, the Group had net cash of £0.75 million (H1-24: negative
£0.40 million).

The Group expects to announce its H1-25 results during the week commencing 15
September 2025.

 

Contact details:

SpaceandPeople Plc
 
0845 241 8215

Nancy Cullen, Gregor Dunlay

Zeus (Nominated Adviser and
Broker)
0203 829 5000

David Foreman, Ed Beddows

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