Home » Home » Buoyed by PhD acquisition, Science in Sport reports 150% growth in H1

Buoyed by PhD acquisition, Science in Sport reports 150% growth in H1

LONDON (BRAIN) — Science in Sport, marketer of the SiS brand of sports nutrition, reports group revenue increased 150% in the first six months of this year compared to the same period last year.


For the first half that ended June 30, revenue rose to $27.5 million (24.9 million euro). The growth was spurred by the contribution of PhD Nutrition, which Science in Sport purchased in December 2018. SIS also credits “strong organic growth” from the SiS brand as well.

PhD revenue went up 16% to $13.7 million (12.4 million euro) from H1 last year, which was record growth for the brand. SiS increased 26% to $13.8 million (12.47 million euro). SiS also reports 56% growth in total revenue from international markets, which account for 33% of total revenue across both brands.

“The integration of the PhD and SiS brands remains firmly on track, and we are particularly excited by the potential of the PhD.com e-commerce business,” said SiS CEO Stephen Moon. “Important milestones achieved in the first half include relaunching the PhD.com website, opening an e-commerce fulfillment facility and exploiting international distribution synergies, as well as the integration of teams across both brands.”

The focus on e-commerce sales resulted in a 52% increase in SiS.com sales in the first half of this year. New products launched in the past year also contributed to 32% of the group sales growth, including PhD’s Smart Bar Plant and SiS’s Football range of products.

PhD will release a new protein powder in November, Moon said.

“We remain confident of delivering on full year expectations, and of the future growth of both our brands,” Moon said. “Investment in performance innovation, brand awareness, e-commerce, international and effective manufacturing will underpin expected growth in 2020 and beyond.”

About bikerepair_admin

Share a little biographical information here to fill out your profile as the author. Just fill the "Biographical Info" form in the User Profile section in your Dashboard. Also... use your email that connect with Gravatar, so your pict will appear in the left.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Scroll To Top
The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com.
Home Privacy Policy Terms Of Use Anti Spam Policy The Manufacturing Of The High-Tech Lowrider Bikes Affiliate Disclosure Amazon Affiliate Disclaimer DMCA Earnings Disclaimer