Angling Direct (ANG)

Sector:

Retailers

Index:

FTSE AIM All-Share

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

Angling Direct revenues leap higher

By Iain Gilbert

Date: Monday 18 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Fishing tackle and equipment retailer Angling Direct saw revenues soar in its last trading year, driven by an increase in both in-store and online sales.
Angling Direct expects to turn in a 39% year-on-year increase in total revenues to £42m, while in-store sales leapt 50% to £19.74m and online sales grew 30% to £22.26m, driven by the group's continued investment into its ecommerce platform and the development of several international websites.

International sales increased by 98% to £4.66m and made up 20.9% of Angling Direct's total online sales.

Angling Direct said it was "delighted" with its international reach and stated that it had undertaken several restructuring steps in order to avoid any disruption to supply throughout the next few months, "regardless of any Brexit outcome".

"The group has entered its new financial year in a strong position to continue its strategy to grow both organically and by acquisition and the board remains confident that Angling Direct will achieve its targets for the year."

As of 1200 GMT, Angling Direct shares had ticked up 0.72% to 73.03p.

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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 45.00
52 Week Low 33.50
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
19.05% above the sector average19.05% above the sector average19.05% above the sector average19.05% above the sector average19.05% above the sector 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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