Angling Direct has a track record of delivering top line growth, which FY21 results further build on. Under strengthened leadership, ANG has also proven that it can deliver higher levels of profitability too, including online. In highly fragmented UK and European markets, there is potential for substantial profitable growth in the future. After a positive start to FY22, we have upgraded our EBITDA forecasts by 8%/4% in FY22/FY23. On continued good execution, we see scope for further outperforman ....
11 May 2021
Growing confidence in growth strategy/potential
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Growing confidence in growth strategy/potential
Angling Direct Plc (ANG:LON) | 34.2 -0.2 (-1.4%) | Mkt Cap: 26.4m
- Published:
11 May 2021 -
Author:
Matthew McEachran -
Pages:
3
Angling Direct has a track record of delivering top line growth, which FY21 results further build on. Under strengthened leadership, ANG has also proven that it can deliver higher levels of profitability too, including online. In highly fragmented UK and European markets, there is potential for substantial profitable growth in the future. After a positive start to FY22, we have upgraded our EBITDA forecasts by 8%/4% in FY22/FY23. On continued good execution, we see scope for further outperforman ....