Despite the various challenges (Covid restrictions, Brexit, supply chain disruption), FY’22 results were slightly ahead of upgraded expectations. The angling market is not immune to the well-documented headwinds but, with numerous strategic initiatives strengthening its capabilities, including the recent launch of its EU DC, Angling Direct is cautiously optimistic about the scope to deliver market share gains and begin a new growth phase in Europe. Forecasts have been maintained and valuation is ....
17 May 2022
Cautious optimism ahead of new growth phase
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Cautious optimism ahead of new growth phase
Angling Direct Plc (ANG:LON) | 34.2 -0.2 (-1.4%) | Mkt Cap: 26.4m
- Published:
17 May 2022 -
Author:
Matthew McEachran -
Pages:
3
Despite the various challenges (Covid restrictions, Brexit, supply chain disruption), FY’22 results were slightly ahead of upgraded expectations. The angling market is not immune to the well-documented headwinds but, with numerous strategic initiatives strengthening its capabilities, including the recent launch of its EU DC, Angling Direct is cautiously optimistic about the scope to deliver market share gains and begin a new growth phase in Europe. Forecasts have been maintained and valuation is ....