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 hails record Black Friday, opens new Barnsley store

By Michele Maatouk

Date: Monday 09 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Angling Direct hailed a record Black Friday performance on Monday, as it announced the opening of a new store in Barnsley.
The fishing tackle and equipment retailer said it achieved a record performance over the Black Friday week, with total sales up 11.3% on the same period a year ago to £1.86m. In the week from 25 November to 2 December, it supplied 5,862 new customers, with Black Friday transactions 28.9% higher at 18,204.

Profit during the period rose 49.5% on last year as it took a "selective" approach to discounting items, with a 10% maximum discount being applied across the core product ranges.

The company said it continues to trade in line with market expectations and management is confident that it will continue to deliver growth through the second half of the year.

Chief executive officer Darren Bailey said: "We are delighted to report that trading remains strong, which is due to recent store openings, enhanced operational performances both in store and online, and our targeted approach towards Black Friday, which resulted in a record performance."

The retailer also said it had opened a new store in Barnsley, South Yorkshire, over the weekend, taking the total number of stores to 33.

At 0950 GMT, the shares were up 4.7% at 69.12p.



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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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