Woman cyclist riding Mountain Bike on highway

21 September 2023 - interim results

The AIM-listed sports and leisure group has announced interim results for the six months to 30 June and these have proved disappointing.  Revenue for the period fell to £9,8m (2022: £12.9m) with a loss before tax of £0.9m (2022: profit of £0.3m) being recorded.  As a result of this disappointing performance. there is no interim dividend.  The company has experienced a challenging trading environment during the period whilst a change in the buying pattern of customers has also had a negative impact.  Higher inflation and interest rates have put increased . . .

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