Woman cyclist riding Mountain Bike on highway

31 January 2022 - trading update

The designer, developer, distributor and retailer of sports, leisure and mobility equipment has provided a detailed trading update and announced that its annual results for the year ended 31 December 2021 will be released on 28 March.  Revenue of £40.9m is anticipated for 2021 with profit before tax expected to be well ahead of the prior year and slightly ahead of current market expectations.  This means that the shares are trading on a low multiple of earnings which should be approaching 80p per share.  The Christmas trading period saw continued robust performance from the . . .

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