Angling Direct has seen its its group revenue increase by 2.2% to £74.1 million in the year to 31 January.
While store sales grew by 6.8% to £41.3 million, online sales edged down 3% to £32.8 million, with UK online sales decreasing by 4.8% following tough first half comparatives.
Meanwhile the company’s pre-tax profit declined to £0.7 million from £4 million a year earlier.
The company said it is focusing on delivering profitable growth and market share gains in the UK and Europe. In the first quarter of its new financial year, sales increased by 11% with growth across all channels
