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Angling Direct Achieves Solid Half-Year Growth

Angling Direct Plc (GB:ANG) has released an update.

Angling Direct Plc reports a strong half-year with a 5.6% increase in revenue, driven by growth in both UK retail store sales and online sales, further bolstered by the expansion of their store footprint and the MyAD customer loyalty program. The company’s UK business saw a 7.6% revenue increase in Q2, with a total of five new stores opened or acquired, while also marking its first European store opening in the Netherlands. Despite a challenging European digital market, Angling Direct remains optimistic about meeting their full-year market expectations.

For further insights into GB:ANG stock, check out TipRanks’ Stock Analysis page.

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