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Science in Sport raises and may sell to hedge against economic downturn

October 3, 2022

Science in Sport has this morning announced its intention to raise up to £5 million via the allocation of new ordinary shares in a bid to hedge against an economic downturn.

Having just invested big in a new Blackburn production headquarters, the company has looked to steady itself, anticipating that the current economic situation will lead to reduced sales and increases to material costs. Cycling Industry