The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
SpaceandPeople plc
("SpaceandPeople" or the "Group")
Trading Update
SpaceandPeople (AIM:SAL) the brand experience, retail and promotional specialist, is pleased to announce a positive pre-close trading update for the half-year ended 30 June 2025 ("H1-25").
Trading during H1-25 has been strong, particularly in the UK brand experience sector, with Group revenue being £3.7m (H1-24: £2.9m).
During H1-25 the Group opted to invest into innovating and improving our warehousing and operations efficiencies. Even when factoring in this planned one-off investment, the Group has delivered a significant upswing to a break even position at the half year stage versus a £0.2m loss at same time last year. As a result, the Group now anticipates full year revenue for 2025 will be approximately £8.3m with profit before taxation of approximately £0.5m.
As at 30 June 2025, the Group had net cash of £0.75 million (H1-24: negative £0.40 million).
The Group expects to announce its H1-25 results during the week commencing 15 September 2025.
Contact details:
SpaceandPeople Plc 0845 241 8215
Nancy Cullen, Gregor Dunlay
Zeus (Nominated Adviser and Broker) 0203 829 5000
David Foreman, Ed Beddows
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