Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOAL.L Regulatory News (GOAL)

  • There is currently no data for GOAL

Pre close update

1 Jul 2010 07:00

RNS Number : 5863O
Goals Soccer Centres PLC
01 July 2010
 



Goals Soccer Centres Plc

("Goals" or "the Company")

 

 Pre close update

 

Goals Soccer Centres Plc, the UK's premier operator of next generation outdoor 5-a-side soccer centres, announces a trading update for the six months ended 30 June 2010, in advance of the release of the Company's interim results on 6 September 2010.

 

Overall sales for the six months are slightly ahead of 2009. Like for like sales were broadly flat when adjusted for the additional year on year lost revenue of £300k from the period in 2010 when centres were closed due to snow. Bar income continues to show improvement and other ancillary income (children's birthday parties and corporate events) is also showing signs of improvement following a boost in advance of the World Cup.

 

The 2006 World Cup had a significantly positive effect on trading during the second half of that year. We anticipate that the 2010 World Cup will also have a positive effect during the second half of the year but at this stage it is too early to quantify. Taking a conservative view of the potential uplift following the World Cup the Directors anticipate that the results for the year to 31 December 2010 will show continued growth and will be within the range of current market expectations, albeit towards the lower end. 

 

We are pleased to announce that we are on track to meet our site opening plan for 2010 and 2011. New centres have opened at Liverpool and Eltham in London bringing the total number of centres in the UK to 35. Four new centres are under construction at Portsmouth, Ipswich, Sunderland and Gillette Corner in London, two of which will open this month. The other two centres will commence construction shortly and will open by the year end.

 

Our pipeline of sites continues to strengthen and the condition of the UK property market continues to present Goals with opportunities. To give the Company further flexibility to take advantage of these opportunities Goals has recently increased its bank facilities with Bank of Scotland from £47m to £55m with terms broadly in line with the existing agreement.

 

The Company opened its first joint venture centre in Los Angeles, California in early June 2010. Early indications are that this will prove to be very popular.

 

1 July 2010

 

 

Goals Soccer Centres

William Gow, Finance Director

 01355 234 800

bill@goalsfootball.co.uk

KBC Peel Hunt (Nominated Adviser and Broker)

Matt Goode

020 7418 8900

Dan Webster

College Hill

Matthew Smallwood

 020 7457 2020

matthew.smallwood@collegehill.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTBLGDLCDXBGGG
Date   Source Headline
10th May 201812:34 pmRNSResult of AGM
10th May 20187:00 amRNSAGM Statement
23rd Apr 201811:25 amRNSHolding(s) in Company
23rd Apr 201811:21 amRNSHolding(s) in Company
17th Apr 20187:00 amRNSNotice of AGM
14th Mar 20182:02 pmRNSHolding(s) in Company
13th Mar 20187:00 amRNSFinal Results for the year ended 31 December 2017
26th Feb 201811:42 amRNSNotification of Final Results
21st Feb 201810:03 amRNSHolding(s) in Company
20th Feb 20185:14 pmRNSHolding(s) in Company
8th Feb 20187:00 amRNSAppointment of CEO
31st Jan 201812:43 pmRNSHolding(s) in Company
31st Jan 201811:21 amRNSHolding(s) in Company
22nd Jan 20187:00 amRNSPost Close Trading Update
18th Jan 20183:27 pmRNSNotification of Trading Update
19th Dec 20171:55 pmRNSHolding(s) in Company
13th Oct 20179:25 amRNSHolding(s) in Company
13th Oct 20177:00 amRNSDirector/PDMR Shareholding
12th Oct 20177:00 amRNSDirectorate Change
21st Sep 20178:57 amRNSHolding(s) in Company
12th Sep 20177:00 amRNSInterim Results
5th Sep 20171:23 pmRNSHolding(s) in Company
31st Aug 20177:00 amRNSNotice of Interim Results
30th Aug 20174:52 pmRNSHolding(s) in Company
25th Aug 20174:20 pmRNSHolding(s) in Company
24th Aug 20176:02 pmRNSHolding(s) in Company
24th Aug 20172:30 pmRNSHolding(s) in Company
7th Aug 20177:00 amRNSHolding(s) in Company
25th Jul 20177:01 amRNSJoint Venture
25th Jul 20177:00 amRNSTrading Update
9th May 20172:45 pmRNSResult of AGM
9th May 20177:00 amRNSAGM Statement
24th Apr 20173:00 pmRNSNotice of AGM & Posting of Annual Report
24th Apr 20177:00 amRNSRe: Media speculation
4th Apr 201712:37 pmRNSHolding(s) in Company
4th Apr 201710:44 amRNSHolding(s) in Company
21st Mar 20177:00 amRNSFinal Results
16th Jan 20177:00 amRNSPost Close Trading Update
6th Dec 20164:10 pmRNSRe: Directorate
4th Nov 20167:00 amRNSRe Directorate
29th Sep 201610:39 amRNSHolding(s) in Company
16th Sep 20165:38 pmRNSDirector/PDMR Shareholding
13th Sep 20167:00 amRNSInterim Results
24th Aug 20162:48 pmRNSNotice of Interim Results
8th Aug 20167:00 amRNSHolding(s) in Company
5th Jul 20167:00 amRNSHolding(s) in Company
4th Jul 201610:10 amRNSDirector/PDMR Shareholding
24th Jun 20165:05 pmRNSHolding(s) in Company
22nd Jun 201611:20 amRNSResult of GM
7th Jun 20165:05 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.