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AGM Statement

7 May 2015 11:45

RNS Number : 4708M
Goals Soccer Centres PLC
07 May 2015
 



Goals Soccer Centres plc

 

AGM Statement

 

The Annual General Meeting of Goals Soccer Centres plc ("Goals" or "the Company"), the premier operator of 'next generation' 5-a-side soccer centres with 46 centres across the UK and one in the USA, is being held at 12 noon today, 7 May 2015 at Goals Eltham, Eltham Palace Road, Eltham, London SE9 5LU.

 

At the meeting Keith Edelman, Chairman, will make the following statement:

 

"This year the Company has opened new centres in Manchester and Doncaster and remains on schedule to add one further centre in the UK before the year end.

 

We are making good progress in the US and are in advanced discussions on several sites within the Los Angeles metropolitan area. We have so far agreed heads of terms on two of these. As a result of the progress made to date and the scale of the opportunity we have decided to appoint an experienced Development Director. This enhanced development activity will increase costs by some £0.3m in the current year and each year thereafter.

 

Sales growth has strengthened over the past five weeks, following challenging comparatives at the start of the year.

 

As a result of on-going initiatives including the launch of our new app and website, the strength of our core business, the expansion opportunity in the US and the improving economic backdrop we are confident of making further progress during this year and beyond."

 

 

7 May 2015

 

Enquiries:

 

Goals Soccer Centres plc

Tel: 01355 234 800

Keith Rogers, Managing Director

Bill Gow, Finance Director

Canaccord Genuity Limited

Bruce Garrow

Chris Connors

Tel: 020 7523 8350

Instinctif Partners

Tel: 020 7457 2020

Mark Reed

Guy Scarborough

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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