What does Sales £m mean?
This is sales over the last 12 months, translated in Pounds Sterling for all companies.
Stockopedia explains Sales £m...
The sales figure gives a sense for the scale of a company, although companies can have very different profit margins depending on the industry and state of the business, so this may not bear much relation to the earnings figure. Some however argue for the importance of sales, since sales figures are less easy to manipulate than either earnings or book value.
