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Sosandar (SOS) Full Year 2024 results presentation - July 2024
Manage episode 429364045 series 2686645
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Sosandar Co-CEOs, Julie Lavington and Ali Hall, and CFO, Steve Dilks present their results for the year ended 31 March 2024, followed by Q&A.
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Ali Hall, Co-CEO
00:16 - Introduction
Julie Lavington, Co-CEO
01:01 - Executive summary
Ali Hall & Julie Lavington, Co-CEOs
03:13 - Brand strengths
Steve Dilks, CFO
05:25 - FY24 Highlights
07:27 - Balance sheet
08:28 - Cash flow
08:59 - Q1 FY25 performance
Ali Hall, Co-CEO
10:11 - Strategic goals
Ali Hall & Julie Lavington, Co-CEO
10:41 - Increasing margin
Julie Lavington, Co-CEO
12:01 - Q1 FY25 margin increase
12:28 - Reduction in price promotion
Steve Dilks, CFO
12:55 - Importance of margin
Ali Hall & Julie Lavington, Co-CEOs
14:07 - Further growth in scale
14:26 - Impact of stores on growth
Steve Dilks, CFO
15:48 - Successful peer group brands
Ali Hall & Julie Lavington, Co-CEOs
16:46 - Drivers for physical retail
Steve Dilks, CFO
19:18 - Store financials
Julie Lavington, Co-CEO
20:35 - Store location criteria
21:25 - Future store openings
Ali Hall, Co-CEO
22:36 - Store interiors
Julie Lavington, Co-CEO
23:01 - Brand expansion
Ali Hall & Julie Lavington, Co-CEOs
24:08 - Summary & outlook
25:15 - Q&A
Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from lower quality, price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed and tested in-house.
Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has a number of high value brand partnerships including with Next and Marks & Spencer.
Sosandar's success has been built on an exceptional product range, seamless customer experience and impactful, lifestyle marketing, all of which is underpinned by combining innovation with data analysis. Our growth strategy is focused on continuing to grow brand awareness and expand our addressable market and routes to market, reaching customers wherever they wish to shop. This is achieved both through direct to consumer channels and through chosen third party partners.
Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com
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