UK Stock Market News Today – 16-Feb-2018
Angling Direct (ANG) – 98.92p – £42.5m – PER 31.9
Trading Update For The 12 Months To End January 2018 – Revenue ahead of expectations, up 44% to £30.2m (£21.0m last year). Expecting to continue to increase share of the UK angling retail market through both organic and acquired growth. Also intends to introduce country specific websites to drive growth. No mention of Profit but there’s “a very positive outlook despite higher labour costs and increased margin pressure”, so my read is that Profit has been affected – Why not just tell us!
The spidey senses are tingling here. Not even considering paying up here until I see those actuals – 14th May.
And, that’s all I can find this morning, a good weekend to all!