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(Sharecast News) - SpaceandPeople said on Monday that it expects to report a significant rise in revenue for the year ended 31 December, supported by growth across its UK brand-focused activities and German retail operations.
In a pre-close trading update, the AIM-traded retail, promotional and brand experience specialist said revenue for the 2025 financial year rose to 8.1m from 6.7m in 2024, driven by strong performance in its UK brand experience and 'Rock Up and Pop-Up' revenue streams, alongside increased growth in its German retail division.
The group said the improvement reflected the board's strategic focus on its key portfolio products.
SpaceandPeople added that strong margin performance across the group meant profitability for the year was expected to be in line with market expectations.
As at 31 December, the group held cash of 1.6m, compared with 1.9m a year earlier, and had reduced bank debt to zero from 0.8m at the end of 2024.
The company said it would announce its full-year results in the week of 27 April.
At 1237 GMT, shares in SpaceandPeople were down 3.52% at 212.25p.
Reporting by Josh White for Sharecast.com.
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