Jodie Kidd urges families to give fishing a try this summer you may just get hooked!
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Jodie Kidd urges families across the UK to give fishing a try this summer
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Full Year Results Delivering profitable growth in a year of significant strategic and operational progress Angling Direct plc (AIM: ANG), the leading omni-channel specialist fishing tackle and equipment retailer, is pleased to announce its Full Year results for the 12 months ended 31 January 2021 ( FY21 ). Financial Highlights · Group revenue increased 27.1% to £67.6m (FY20: £53.2m) · Online sales up 39.9% to £35.3m (FY20: £25.2m), with international sales accounting for 12.4% of total online sales · Retail store sales up 15.5% to £32.3m (FY20: £27.9m), despite impact of national lockdowns · Gross profit of £23.1m, up 39.5% (FY20: £16.6m) with a 300bps improvement in gross margin to 34.2% (FY20: 31.2%), underpinned by more disciplined approach to pricing and inventory management