Woman cyclist riding Mountain Bike on highway

29 June 2023 - AGM statement

The AIM-listed distributor of sports and leisure equipment has announced a trading statement to coincide with its AGM and this has revealed a somewhat mixed picture.  As highlighted previously, the year started slowly and this pattern has continued over the following months althpough the second quarter saw improved trading in bicycles and eMobility.  A change in buying patterns by retailers has also delayed some sales with the result that overall sales are down 26% on the previous year.  The Toys , Sports and Leisure division was particularly affected with sales down 46%.  The company is . . .

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