Brief: Angling Direct FY Group Core Profit Up 21%

Angling Direct

14/05/2024 07:35

May 14 (Reuters) - Angling Direct PLC  ANG.L :
    * ANGLING DIRECT PLC - FY GROUP REVENUE INCREASED BY 10.2%
TO
£81.7M
    * ANGLING DIRECT PLC - FY LIKE-FOR-LIKE STORE SALES
INCREASED BY
3.1%
    * ANGLING DIRECT PLC - FY24 RETAIL STORE SALES INCREASED
7.6%
AGAINST FY23
    * ANGLING DIRECT PLC - FY GROUP EBITDA (PRE IFRS 16) GREW
21.0% TO
£2.7M
    * ANGLING DIRECT PLC - FY UK ONLINE SALES GREW 11.1%
    * ANGLING DIRECT PLC - WELL-POSITIONED TO MANAGE ONGOING
CONSUMER
HEADWINDS AND CAPTURE FURTHER MARKET SHARE IN UK AND EUROPE
    * ANGLING DIRECT PLC - TOTAL Q1 FY25 SALES INCREASED 4.0%
    * ANGLING DIRECT PLC SEES UK BUSINESS GENERATING £100M
ANNUAL
REVENUES WITH A PRE-IFRS16 EBITDA IN EXCESS OF £6M IN
MEDIUM-TERM
    * ANGLING DIRECT PLC - BOARD REMAINS OPTIMISTIC ABOUT
LONG-TERM
GROWTH PROSPECTS OF GROUP

Source text for Eikon:  ID:nRSN2549Oa 
Further company coverage:  ANG.L 

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