Evans Cycles slashes annual losses from £22.8m to £3.3m as company starts recovery from bike industry’s “well publicised supply chain issues”
Evans Cycles has reduced its annual losses to £3.3 million in the year ending 28 April 2024, down from £22.8 million the previous year, as the UK’s largest high street cycling retailer seeks to recover from the bike industry’s prolonged supply chain crisis that sent financial results tumbling across the sector in 2022 and 2023.The … Read more