Woman cyclist riding Mountain Bike on highway

13 December 2023 - trading update

The sports and leisure products distributor has issued a relatively disappointing trading update ahead of its year end of 31 December with revenues for the year now expected to be between £22m/£23m.  This is likely to lead to a pre-tax loss for the year of between £0.9m and £1.3m.  The domestic sales market has been disappointing with consumers continuing to tighten their belts and many of the group's retail customers have reported tough trading in the run-up to Christmas and so have been running down stock levels as a . . .

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