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Angling Direct upgrades outlook on performance; to open all stores as lockdown ends

By BFN News | 08:51 AM | Wednesday 02 December, 2020


Fishing equipment retailer Angling Direct upgraded its outlook on annual performance amid strong Black Friday trading and confirmed that all its retail stores would fully re-open following the lifting of government restrictions. The company said it was now likely to 'exceed current market expectations with a forecast pre IFRS 16 EBITDA outturn for FY21, of not less than £3.8m.' Still, ongoing uncertainties relating to the pandemic and Brexit 'mean that the board will continue to adopt a prudent approach to planning for the next financial year,' it added. At 8:51am: (LON:ANG) Angling Direct Plc share price was 0p at 62.5p Story provided by StockMarketWire.com

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