Angling Direct posts first-half profits rise

Angling Direct has reported  a rise in first-half profits

Angling Direct has reported a rise in interim sales and profits and said it will meet full-year expectations.

The specialist retailer, which trades online and through 34 shops, generated a 15.7% rise in adjusted EBITDA to £1.25m on sales up 21% to £26.5m.

In-store revenue was up 41.1% to £14.0m in the period to July 31, when UK online sales rose 16.8% to £9.2m and in Europe advanced 29% to £2.7m.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.