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Investegate |Angling Direct PLC Announcements | Angling Direct PLC: Result of AGM

Investegate announcements from Angling Direct PLC, Result of AGM ....

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World of home improvement meets again in Copenhagen

The world of home improvement has just returned for the 8th Global DIY-Summit, which took place in Copenhagen, Denmark, from the 8 to the 10 June 2022.At the end of the 8th Global DIY-Summit, the ....

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Investegate |Angling Direct PLC Announcements | Angling Direct PLC: Full Year Results

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
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Group revenue increased 27.1% to £67.6m (FY20: £53.2m)
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Online sales up 39.9% to £35.3m (FY20: £25.2m), with international sales accounting for 12.4% of total online sales
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Retail store sales up 15.5% to £32.3m (FY20: £27.9m), despite impact of national lockdowns
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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 ....

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