Angling Direct Posts Strong FY25 Results with Record Sales in the UK

PUBLISHED: 13 May 2025 @ 17:57 | Comments (0) | More info about Fiona Craig

Angling Direct PLC (LSE:ANG) has delivered impressive full-year results for the fiscal year ending January 2025, reporting a revenue increase of 11.9% to £91.3 million. Growth was driven primarily by strong performance in the UK, where both retail and e-commerce channels reached record sales levels. The company also made notable progress in its European expansion, with sales in the region climbing by 14.1%.

During the year, Angling Direct continued to expand its retail footprint across the UK and marked a significant milestone by opening its first store in mainland Europe, located in the Netherlands. The MyAD Fishing Club, the company’s loyalty program, experienced substantial growth in membership, further reinforcing customer retention and brand engagement.

Despite external headwinds like inflation, the company remains focused on its medium-term strategic goals, underpinned by a solid financial foundation. Recent corporate actions, including share buybacks and a stronger board composition, reflect its commitment to long-term value creation. While technical market signals are mixed, the company’s operational progress supports a stable outlook.

About Angling Direct PLC

Angling Direct is the UK’s leading omni-channel retailer for fishing tackle and outdoor gear, with a growing footprint across Europe. Headquartered in Norfolk, the company operates more than 50 retail stores in the UK and runs a robust digital platform. It also manages native-language e-commerce sites targeting key European markets, with centralized distribution based in the Netherlands. The MyAD Fishing Club app continues to be a core part of its customer engagement strategy.

Average Daily Trading Volume: 119,875
Technical Outlook: Buy signal
Current Market Capitalization: £29.42 million

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