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3 Jul 2008 07:00
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Goals Soccer Centres Plc
Updateย ย
Goals Soccer Centres PLC, the premier operator of next-generation 5-a-side soccer centres across theย UK, announces that trading for the half year endedย 30 June 2008ย ended in line withย management'sย expectations.
The directorsย are pleased with the progress that the Company is making and are confident of delivering another excellent result in the current year.
We have not seen any indication of softening demand for our "next generation" offering, and we believe that our low admission price and the high loyalty associated with team sports indicates our business is resilient to any wider consumer spending downturn.ย
Our rollout programme continues to plan withย threeย centres added in the half year endedย 30 June 2008ย and a furtherย threeย under construction and on schedule to open during the second half of 2008. Our pipeline of sites continues to strengthenย and the Boardย remains confident that a minimum ofย sixย centres will be added during 2009.ย
The Company has aย fiveย year committed bank facility in placeย the majority of which is fixed though our hedging policy. Together withย internally generatedย cash,ย this facilityย will fully fund the rollout ofย at least sixย centresย each year.
We will be announcing our interim results for the six month period endedย 30 June 2008ย onย 1 Septemberย 2008.
3ย July 2008
Enquiries:
|
Goals Soccer Centres Plc |
01355 234 800 |
|
Keith Rogersย |
|
|
Bill Gowย |
|
|
College Hill |
0207 457 2020ย |
|
Matthew Smallwood |
|
|
KBC Peel Hunt |
020 7418 8900 |
|
David Davies Matt Goode |
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