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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Sosandar Narrows Loss on 11% Sales Growth
Sosandar grew half-year sales and widened its gross margin, trimming its adjusted loss, even as prolonged summer weather hit September and left its own website flat for the half. The fashion retailer says October trading has strengthened significantly.
Sosandar (AIM: SOS), the UK women’s fashion brand, cut its adjusted pre-tax loss to £690k in the six months to 30 September as revenue rose 11% to £20.785m.The company reported the unaudited results at 7am today.
Revenue ran 17% ahead of last year for the first five months to end-August. September was then hit by prolonged summer weather, and sales on its own website were flat for the half.
Third-party channels, which include NEXT, M&S and John Lewis, grew 24% over the half. The company attributes some of that growth to M&S following its cyber-incident. Sosandar held full prices and ran no September promotions.
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Co-CEOs Ali Hall and Julie Lavington said the pattern changed once the weather did.
Whilst September was impacted by the prolonged Summer weather, trading has strengthened significantly through October as we saw more Autumnal weather.
Ali Hall and Julie Lavington, Sosandar
Gross margin, the share of sales left after product costs, rose to 65.1% from 62.2%. The company points to channel mix and better intake margins, helped by cost prices and sterling against the dollar. Similar rates are secured for the second half.
Sosandar half-year results: revenue up 11% to £20.785m, adjusted pre-tax loss narrowed to £690k from £1.09m. Source: Sosandar plc half-year results RNS, 5 November 2026.
The table sets the half against a year earlier. The adjusted loss excludes an £86k adjusting item for the exit from the Bath store; the statutory loss includes it.
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Metric
H1 FY27
H1 FY26
Change
Revenue
£20,785k
£18,690k
+11%
Gross profit
£13,524k
£11,624k
+16%
Adjusted loss before tax
£(690)k
£(1,090)k
Improved by £0.4m
Statutory loss before tax
£(604)k
£(1,090)k
–
Cash
£7,055k
£7,747k
–
Operating costs rose £1.6m to £14.3m, including £0.9m more in concession commission. Cash fell mainly on the normal first-half working-capital cycle and £871k of share buybacks. Sosandar has no debt, and cash was £6.4m at the end of October.
October gross margin was 68.0%, against 67.2% a year earlier, and the company says trading is in line with full-year market expectations. Profit is weighted to the second half; last year’s full-year adjusted pre-tax profit was £377k on revenue of £42.278m.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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