Woman cyclist riding Mountain Bike on highway

23 June 2022 - trading statement

The AIM-listed sports, leisure and mobility equipment specialist has announced a trading update to coincide with its Annual General Meeting.  Trading in the 24 weeks to 17 June 2022 remained challenging and revenue was around 31% behind the prior year period.  In the period to 30 April 2022 revenue was down 43% behind but for the last 7 weeks revenue was up approximately 8% versus the comparative period.  The outlook for the rest of 2022 is said to remain challenging.  Customers have been cancelling and delaying orders leading to a current order book of . . .

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