Woman cyclist riding Mountain Bike on highway

9 February 2021 - trading update

A trading update has been provided by the AIM-listed sports, leisure and mobility equipment specialist, ahead of the release of final results on 25 March.  Revenue for the full year to 31 December slipped to £37.1m from £38.8m in the prior year but this does not tell the full story and profit before tax is set to be 'materially higher' than the prior year.  In 2019 profit before tax was £2.85m and £2.51m after non-underlying items.  In 2020 operating expenses were reduced by just under £1m and gross profit . . .

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