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

StockMarketWire.com

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