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Angling Direct Plc Ord 1p (ANG)

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02-Dec-2020 08:51 AM

Angling Direct upgrades outlook on performance; to open all stores as lockdown ends

Fishing equipment retailer Angling Direct upgraded its outlook on annual performance amid strong Black Friday trading and confirmed that all its retail stores would fully re-open following the lifting of government restrictions. The company said it was
14-Oct-2020 01:58 PM

Angling Direct profit improves as sales rise 21%

Fishing tackle and equipment retailer Angling Direct posted a rise in first-half profit, driven by a jump in online revenue. Pre-tax profit for the six months through July increased to £1.36 million, up from £0.37 million year-on-year. Reven
18-Aug-2020 09:41 AM

Angling Direct reports revenue growth as online sales rose while stores closed in lockdown

Fishing equipment retailer Angling Direct has announced an increase in revenue and online sales in a trading update for the six months to 31 July 2020 as key European territories performed well. It reported that revenue for the period increased by 21% to
03-Jun-2020 08:07 AM

Angling Direct warns on profit amid store closures

Fishing tackle and equipment retailer Angling Direct warned on profit in its new fiscal year amid coronavirus-led store closures. As a result of store closures mandated by the UK government, the company said it now expected a material reduction in fisca
09-Dec-2019 08:57 AM

Angling Direct hails record Black Friday performance; opens new store in Barnsley

Fishing equipment retailer Angling Direct said it had achieved record performance during the Black Friday week and announced a new store opening in Barnsley. In the Black Friday week, which ran from 25 November to 2 December, profit rose 49.5% on-year an
22-Nov-2019 09:00 AM

Angling Direct hooks award

Angling Direct, the UK's largest and fastest growing fishing tackle and equipment retailer, is delighted to announce that it was named winner of the Outstanding Achievement Award at the Norfolk Business Awards, held on Thursday 21 November at the Nor
23-Oct-2019 08:49 AM

Angling Direct appoints Steven Crowe as CFO

Fishing equipment retailer Angling Direct said it would appoint Steven Crowe as chief financial officer with effect from 2 January 2020. Interim finance director Ian Hunter was expected to step down at the end of January next year. Crowe was finance dir
07-Oct-2019 07:20 AM

Angling Direct profit falls as higher costs offset jump in revenue

Fishing tackle and equipment retailer Angling Direct reported a fall in profit as higher costs offset a jump in revenue. For the six months ended 31 July, pre-tax profit fell to £0.32m from 0.48m a year earlier, despite revenue rising 21% to &pou
16-Sep-2019 02:25 PM

Angling Direct enjoys bumper summer trading with sales up 31%

Fishing tackle retailer Angling Direct said it traded well during the summer, with sales up 31% in the three months through August. The company said it notched like-for-like sales growth in its physical stores of 13.3%, while online sales had jumped 27%.
12-Aug-2019 07:38 AM

Angling Direct like-for-like sales up 15% in H1 amid strong store, e-commerce sales

Fishing tackle retailer Angling Direct said like-for-like sales increase 15% thanks to strong store and e-commerce sales in the first half of the year. For the six months ended 31 July 2019, revenue increased by 21% to £26.52m, in line with manage
13-May-2019 02:03 PM

Angling Direct posts annual loss as costs weigh

Fishing tackle retailer Angling Direct swung to a full-year loss after higher revenue was more than offset by higher sales, distribution and administrative costs. Pre-tax losses for the year through January amounted to £266k, compared to a profit o
23-Apr-2019 09:04 AM

Angling Direct reports 'record' start to year amid strong store, online performance

Fishing tackle and equipment retailer Angling Direct reported a 'record' start to the year, with both the store network and e-commerce generating robust sales growth. Across all stores, like-for-like footfall was up by 29.5% in February and Ma
18-Feb-2019 08:20 AM

Angling Direct sees sales rising 39% following strong international performance

Fishing tackle and equipment retailer Angling Direct said Monday it expected annual sales to jump by more than third as international sales nearly doubled. For the 12 months ended 31 January, the company expected to report revenue £42.0m, up 38.9%
08-Oct-2018 10:09 AM

Angling Direct reels in sharp jump in profits amid European expansion

Angling Direct, the specialist fishing tackle and equipment retailer, said Monday first-half pre-tax profit swelled, led by an 'accelerated' investment in European. For the six months ended 31 July 2018, pre-tax profit rose to £0.57m fro
21-Aug-2018 09:20 AM

Angling Direct first-half revenue tops expectations amid 'strong' sales

Fishing tackle and equipment retailer Angling Direct said Tuesday first-half revenue topped expectations supported by 'strong' e-commerce and store sales. For the six months to 31 July, revenue increased by 56% to £21.94m from £14.0
14-May-2018 10:21 AM

Angling Direct admission to AIM hurts profits

Fishing tackle and equipment retailer Angling Direct said profit before tax fell to £0.159m for the twelve months ended 31 January, from £0.662m the previous year as exceptional costs grew amid admission to AIM. 'The company's admi
16-Feb-2018 08:52 AM

Angling Direct's investment in e-commerce pays off as revenues surge 44%

Angling Direct revenue rose by nearly 44% to £30.2m in the 12 months to 31 January 2018 compared with the prior year period. The company saw revenue growth across the board with the company's e-commerce platform and operations reporting a 54%
16-Nov-2017 09:32 AM

Angling Direct acquires NWAC and Tacklesaver

Angling Direct has acquired the stock and goodwill of North West Angling Centre and Tacklesaver for £450,000 in cash, plus stock at valuation. Angling Direct said the directors believed that the total consideration valued the businesses at approxim
30-Oct-2017 08:00 AM

Angling Direct opening new stores

Angling Direct has announced the opening of a new store in Slough and the proposed opening of a new store in Stoke in December. It said the two openings would bring the total number of stores operated by the company to 19, with others following soon. C
09-Oct-2017 07:08 AM

Angling Direct earnings up 72.6%

Angling Direct's group revenue rose to £14.08m in the six months to the end if July - 39.2% up on last time. Gross profit rose by 35.3% to £4.73m and EBITDA of £0.93m rose by 72.6%. Online sales were up 67% at £6.57m and
02-Oct-2017 07:28 AM

Angling Direct acquires Fosters Fishing

Angling Direct has acquired Fosters Fishing for £3.0m in cash. Fosters, which trades as Fosters of Birmingham, currently operates as one of the largest fishing tackle retailers in Europe. Having been in business for over 30 years and holding c
21-Aug-2017 07:25 AM

Angling Direct opening new stores

Angling Direct will open a new store in Swindon today and is set to open a store in Slough in September/October. The group said the two openings would bring the total number of stores operated by the company to 17, with others following soon. The compa
 
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