Sosandar PLC Reports Revenue Results for the Month Ended March 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
The company provided earnings guidance for the year ending March 31, 2018. The company expects full year revenue for the year to March 31, 2018 to be no less than £1.34 million, with like for like sales for the 6 months ending March 31, 2018 showing a 268% increase against the prior year. Gross margin for the financial year 2018 is expected to be at 49.3% (37.8% fiscal year 2017).