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
4th Apr 201211:32 amPRNForm 8.5 (EPT/RI)
4th Apr 201211:24 amRNSForm 8.3 - Goals Soccer Centres PLC
4th Apr 20129:10 amRNSForm 8.3 - GOALS SOCCER CENTRES
3rd Apr 20122:53 pmRNSForm 8.3 - Goals Soccer Centres PLC
3rd Apr 20122:47 pmRNSForm 8.3 - Goals Soccer Centres plc
3rd Apr 201212:25 pmPRNForm 8.5 (EPT/RI)
3rd Apr 201212:07 pmRNSForm 8.3 -Goals Soccer Centres
3rd Apr 201211:13 amRNSForm 8.3 - Goals Soccer Centres Plc
3rd Apr 201211:08 amRNSForm 8.3 - Goals Soccer Centres Plc
3rd Apr 201210:57 amRNSForm 8.3 - GOALS SOCCER CENTRES
2nd Apr 20125:45 pmRNSForm 8.3 - Goals Soccer Centres Plc
2nd Apr 20122:00 pmRNSForm 8.3 - GOALS SOCCER CENTRES (FIRST DISCLOSURE)
2nd Apr 201212:30 pmRNSForm 8.3 - Goals Soccer Centres PLC
2nd Apr 20127:00 amRNSStatement regarding press speculation
26th Mar 20127:00 amRNSChange of Name of Adviser
5th Mar 20122:49 pmRNSDirector/PDMR Shareholding
2nd Mar 201210:57 amRNSHolding(s) in Company
29th Feb 20123:29 pmRNSHolding(s) in Company
28th Feb 20127:00 amRNSPreliminary Results
24th Feb 20124:47 pmRNSHolding(s) in Company
8th Feb 20127:00 amRNSChange of Adviser
13th Jan 20121:42 pmRNSHolding(s) in Company
10th Jan 20127:00 amRNSTrading Update
16th Dec 20117:00 amRNSNotification of Post Close Update
4th Nov 20115:58 pmRNSHolding(s) in Company
3rd Nov 20111:17 pmRNSHolding(s) in Company
28th Oct 20115:24 pmRNSHolding(s) in Company
14th Sep 20115:23 pmRNSHolding(s) in Company
5th Sep 20117:00 amRNSInterim Results
8th Jul 20112:45 pmRNSHolding(s) in Company
7th Jul 20114:32 pmRNSHolding(s) in Company
7th Jul 20114:31 pmRNSHolding(s) in Company
1st Jul 20117:00 amRNSPost Close Trading Update
20th Jun 20119:00 amRNSNotification of Update
10th Jun 20114:17 pmRNSExercise of Options and Issue of Equity
3rd Jun 20112:48 pmRNSHolding(s) in Company
4th May 201110:35 amRNSHolding(s) in Company
28th Apr 20113:03 pmRNSResult of AGM
28th Apr 20117:00 amRNSAGM Statement
13th Apr 20111:55 pmRNSHolding(s) in Company
5th Apr 20119:33 amRNSDividend Payment Date
29th Mar 20114:38 pmRNSDirector/PDMR Shareholding
28th Feb 20117:00 amRNSPreliminary Results
14th Feb 20119:00 amRNSNotice of Results
20th Dec 20106:22 pmRNSDirector/PDMR Shareholding (Replacement)
20th Dec 20102:55 pmRNSDirector/PDMR Shareholding
16th Dec 20102:19 pmRNSDirector/PDMR Shareholding
16th Dec 20107:00 amRNSDirectorate and Trading Update
14th Dec 20102:13 pmRNSHolding(s) in Company
14th Dec 201010:18 amRNSHolding(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.