Angling Direct (ANG)

Sector:

Retailers

Index:

FTSE AIM All-Share

36.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 45.00p
  • 52 Week Low: 33.50p
  • Currency: UK Pounds
  • Shares Issued: 77.27m
  • Volume: 57,350
  • Market Cap: £27.82m
  • RiskGrade: 167

Angling Direct on track for the year after record Black Friday week

By Michele Maatouk

Date: Tuesday 18 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Fishing tackle and equipment retailer Angling Direct said on Tuesday that it was on track to meet its full-year expectations following a record Black Friday performance.
In an update for the period from 1 August to 30 November, the company said sales rose 31.5% to £14.57m, with in-store like-for-like sales up 7.2% to £4.96m and e-commerce sales up 24.3% to £6.71m.

International sales rose 96.1% during the period and 97.7% in November, underpinned by the new German language website and the group said it was on track to launch its dedicated websites for the French and Benelux markets by the end of the year.

The retailer said it enjoyed a record e-commerce performance during Black Friday week, which ran from 19 to 26 November, with sales up 55.8% to £1.3m. Black Friday transactions increased 42.5% to 14,123 and the average basket during the week was up 9.4% to £91.73.

Group sales for November were up 19.3% to £3.35m, with in-store LFL sales 2.5% higher and e-commerce sales up 16.3%.

Chief executive officer Darren Bailey said: "The company has taken great encouragement from the recent performance against the backdrop of a difficult retail trading environment. As the business launches its new international websites and continues to invest in its stores and overall customer experience, we believe that Angling Direct remains well placed to build on its market leading position."

At 0910 GMT, the shares were up 0.1% to 82.06p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Angling Direct Market Data

Currency UK Pounds
Share Price 36.00p
Change Today 0.50p
% Change 1.41 %
52 Week High 45.00p
52 Week Low 33.50p
Volume 57,350
Shares Issued 77.27m
Market Cap £27.82m
RiskGrade 167

Angling Direct Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.13% below the market average31.13% below the market average31.13% below the market average31.13% below the market average31.13% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Price Trend
27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
50.98% above the market average50.98% above the market average50.98% above the market average50.98% above the market average50.98% above the market average
76.19% above the sector average76.19% above the sector average76.19% above the sector average76.19% above the sector average76.19% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Angling Direct Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:13 15 @ 35.36p
14:59 111 @ 36.02p
11:22 10,000 @ 37.00p
08:19 10,000 @ 36.70p
08:18 500 @ 37.00p

Angling Direct Key Personnel

CEO Steven Crowe

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