**Sosandar PLC Trading Update Summary (Q3 FY26):**
Sosandar PLC, a UK-based womens fashion brand, reported continued momentum in its trading performance for the three months ended 31 December 2025 (Q3 FY26). Key highlights include
1. **Revenue Growth**Total revenue increased by 10% to ยฃ13.4 million compared to ยฃ12.2 million in Q3 FY25, driven by a 27% surge in own-site revenue, reflecting strong site traffic, improved conversion rates, and higher order volumes.
2. **Gross Margin Improvement**Gross margin rose to 66.0% from 64.7% in the prior year, attributed to an enhanced intake margin.
3. **M&S Partnership**Stock levels at Marks & Spencer (M&S) remain below the prior year due to a cyber incident but are expected to normalize by Spring 2026.
4. **Store Performance**Encouraging sales growth was recorded through physical stores, outpacing the previous year.
5. **Financial Position**Strong net cash of ยฃ9.7 million as of 9 January 2026, up from ยฃ9.5 million in November 2025, despite returning ยฃ0.8 million to shareholders via share buybacks.
6. **Full-Year Outlook**Trading remains in line with management and market expectations for FY26, with projected revenues of ยฃ43.6 million and profit before tax of ยฃ0.4 million.
Joint-CEOs Ali Hall and Julie Lavington expressed satisfaction with the sustained growth and improved margins, emphasizing the foundation for profitable and cash-generative expansion in 2026. Sosandarโs strategy focuses on brand awareness, market expansion, and innovative, data-driven marketing, supported by partnerships with retailers like NEXT and M&S. The company remains on track to meet full-year targets.
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> ### Key Points:
1. **Revenue**: Increased by 10% year-on-year.
2. **Own Site Revenue**: Grew by 27% compared to the previous year.
3. **Gross Margin**: Improved from 64.7% to 66.0%.
4. **Net Cash**: Increased by ยฃ0.2m despite shareholder returns.
5. **Debt**: Not specified in the provided text. This HTML table provides a clear comparison of the available financial metrics year-on-year.