Sosandar posts first pre-tax profit year

Sosandar posts first pre-tax profit year

As we reported back in April, Sosandar has achieved revenue of £42.5m for the year to 31st March 2023 and in its posted accounts the business generated a £1.6m pre-tax profit.

The business also says it has enjoyed a strong start for Q1 with revenue of £11.4m which is up ten per cent on the prior year. The business has announced a new third-party wholesale agreement with Freemans which will commence from September 2023.

Co-CEOs Ali Hall and Jule Lavington said: “Despite the challenging macroeconomic backdrop, we have seen increasing demand for our products across all categories with strong trading across, and through our third-party partners.”


Twitter Facebook LinkedIn WhatsApp

Related News

Quiz issues profit warning

Dunelm enjoys sales growth

Sign up to receive our newsletter