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Sosandar plc
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Sosandar lifts revenue 11%, but £14.3m costs cloud the margin recovery
Sosandar's first-half revenue increased 11% to £20.8 million as gross margin widened and its adjusted pre-tax loss narrowed. The improvement suggests stronger product economics, but higher operating costs, flat direct-channel revenue and inventory-related cash movements complicate the path back to sustainable profitability.