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