International growth puts Science in Sport ahead of the game

East Lancashire-based sports nutrition specialist Science in Sport in forecasting a 28% increase in turnover to £15.6m.

A pre-close trading statement ahead of the  Nelson company’s full year results for the 12 months ended December 31 also says continued investment in its scienceinsport.com platform and operations resulted in a 58% increase in direct sales year on year to £4.6m.

Third-party online retailers delivered robust growth of 27% to £3.9m. Retail sales including distributors outgrew the market at 13.8% to £7.1m.

Further development of international markets was a key focus during the year. Growth across all international revenue was 60% reaching £4.4m.

Investment was made in the USA and Italy which has set these markets up for significant growth in 2018 following the raising of additional funding in December 2017. The Australian business continued to perform to expectation.

The company intends to issue its full year results on March 21.