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Trading Statement

9 Jul 2015 07:00

RNS Number : 5504S
Goals Soccer Centres PLC
09 July 2015
 

Goals Soccer Centres plc

('Goals' or 'The Company')

 

Trading Update

 

Goals Soccer Centres plc, the UK's premier operator of next generation outdoor 5-a-side soccer centres with 46 centres in the UK and one in Los Angeles, USA, announces a trading update for the six months ended 30 June 2015, in advance of the release of the Company's interim results on 9 September 2015.

 

Group sales for the period were in-line with last year at £17.1m (2014: £17.1m), with Group like-for-like sales down by 1%. UK like-for-like sales declined by 2% as a result of adverse weather conditions in the first quarter as compared to last year and some softness in the casual market. Trading strengthened during Q2, although not sufficiently to fully recover the Q1 shortfall.

 

The US business continues to perform strongly with like-for-like sales increasing by 20% as the centre's popularity increases, reinforcing our confidence in our planned US roll-out. The US site pipeline is developing, with legals concluded, planning consent achieved and building permits at an advanced stage on one site with construction due to commence in the second half of the year. Heads of terms are agreed and legals commenced on a further three sites. Following the recent appointment of our US Development Director we expect progress to gather further momentum.

 

During the period the Group opened new centres in Manchester and Doncaster and construction is due to commence on an additional UK centre in the second half of the year.

 

Take-up of the new mobile app continues to build, with total downloads in excess of 30,000 and are still increasing on a weekly basis. Use of player blasts has been one of the most used features, which has helped to reduce cancellations by sourcing additional players, who are 'up for a game.' A new app loyalty scheme is being developed to accelerate greater take-up of other features.

 

Keith Rogers, Managing Director, said:

 

"Our UK performance, against some tough comparatives, has been slightly below our expectations. However, we are very encouraged by the ongoing strength in US trading which supports our development programme in the Los Angeles area."

 

All figures quoted above are unaudited.

 

9 July 2015

 

Enquiries: Goals Soccer Centres plc

Keith Rogers, Managing Director

Tel: 01355 234 800

Bill Gow, Finance Director

Canaccord Genuity

Tel: 020 7523 8350

Bruce Garrow

Chris Connors

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
 
 
TSTKMGGNKRDGKZM
Date   Source Headline
14th Jun 20124:50 pmRNSAnnual Financial Report
13th Jun 20124:56 pmRNSForm 8.3 - Goals Soccer
13th Jun 20121:03 pmRNSForm 8.3 - Goals Soccer Centres PLC
7th Jun 20129:51 amRNSForm 8.5 (EPT/RI)
6th Jun 201212:03 pmRNSForm 8.5 (EPT/RI)
1st Jun 20125:09 pmRNSForm 8.3 - Goals Soccer
30th May 201210:55 amRNSForm 8.5 (EPT/RI)
29th May 20124:40 pmRNSForm 8.3 - Goals Soccer
29th May 201210:56 amRNSForm 8.3 - Goals Soccer Centres Plc
29th May 20129:22 amRNSForm 8.5 (EPT/RI) Goals Soccer Centres Plc
25th May 20124:18 pmRNSForm 8.3 - Goals Soccer
24th May 20121:41 pmEQSDGAP-UK-Regulatory: Allianz Global Investors - Global Equity Business Unit: Goals Soccer Centres Plc
24th May 201211:00 amRNSForm 8.5 (EPT/RI)
22nd May 20124:37 pmRNSForm 8.3 - Goals Soccer
17th May 20129:43 amRNSForm 8.5 (EPT/RI)
16th May 20129:39 amRNSForm 8.5 (EPT/RI)
15th May 20122:13 pmRNSForm 8.3 - Goals Soccer Centres Plc
15th May 201210:05 amRNSForm 8.5 (EPT/RI)
14th May 20123:20 pmRNSFurther extension to deadline
14th May 20121:40 pmRNSForm 8.3 - GOALS SOCCER CENTRES PLC
11th May 201212:06 pmRNSForm 8.3 - GOALS SOCCER PLC (REPLACEMENT)
10th May 20124:42 pmRNSNotification of major interest in shares
10th May 201210:12 amRNSForm 8.5 (EPT/RI)
9th May 20129:54 amRNSForm 8.5 (EPT/RI)
8th May 201211:17 amRNSForm 8.5 (EPT/RI)
4th May 20123:11 pmRNSForm 8.3 - GOALS SOCCER PLC
4th May 20128:23 amRNSForm 8.5 (EPT/RI)
3rd May 20126:23 pmRNSTotal Voting Rights
3rd May 20124:32 pmRNSForm 8.3 - Goals Soccer
3rd May 20122:57 pmRNSForm 8.3 - GOALS SOCCER PLC
3rd May 201211:53 amRNSForm 8.3 - Goals Soccer Centres Plc
3rd May 201210:37 amRNSForm 8.5 (EPT/RI)
2nd May 20124:47 pmRNSForm 8.3 - Goals Soccer
1st May 201212:01 pmRNSForm 8.3 - Goals Soccer Centres Plc
30th Apr 20122:38 pmRNSForm 8.3 - GOALS SOCCER PLC
30th Apr 20127:00 amRNSExtension to deadline
26th Apr 20123:30 pmRNSOutcome of AGM
26th Apr 20122:02 pmRNSForm 8.3 - Goal Soccer Centers
26th Apr 20127:00 amRNSAGM Statement
19th Apr 20122:45 pmRNSForm 8.3 - Goals Soccer Centres plc
18th Apr 201211:00 amRNSForm 8.5 (EPT/RI)
17th Apr 20124:29 pmRNSForm 8.3 - GOALS SOCCER CENTRES
17th Apr 20127:59 amRNSForm 8.5 (EPT/RI) Goals Soccer Centres
16th Apr 20122:46 pmRNSForm 8.3 - Goal Soccer Centers
16th Apr 20127:54 amRNSForm 8.5 (EPT/RI)
13th Apr 201211:31 amRNSForm 8.5 (EPT/RI)
12th Apr 20128:06 amRNSForm 8 (OPD) (Goals Soccer Centres PLC)
11th Apr 20121:06 pmRNSForm 8.3 - GOALS SOCCER CENTRES
10th Apr 20125:34 pmRNSForm 8.3 - Goals Soccer
10th Apr 201212:05 pmPRNForm 8.5 (EPT/RI)

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