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Trading Update

14 Jan 2016 07:00

RNS Number : 8106L
Goals Soccer Centres PLC
14 January 2016
 

Goals Soccer Centres PLC

("Goals" or the "Company")

 

Trading Update

 

Goals, the market leader in outdoor small-sided soccer centres with 47 sites, including one in California, USA, announces a trading update for the year ended 31 December 2015, in advance of the release of the Company's Final Results on 14 March 2016.

 

Trading for the year was in-line with revised market expectations as set out in the Goals update of 9 November1. Sales for the year were £32.9m (2014: £34.7m) with UK like-for-like sales of -7%.

 

Our US business has again delivered strong growth with sales for the year up 9%. Keith Rogers will relocate to the US to become President of the US business in February 2016. A search for a new Group Chief Executive is underway.

 

All figures quoted above are unaudited.

 

14 January 2016

 

Enquiries:

 

Goals Soccer Centres plc

Nick Basing, Deputy Chairman

Keith Rogers, Managing Director

Bill Gow, Finance Director

 

01355 234 800

Canaccord Genuity Limited (Nominated Adviser and Broker)

Bruce Garrow

Chris Connors

Joe Weaving

 

020 7523 8350

Instinctif Partners

Matthew Smallwood

Mark Reed

Guy Scarborough

020 7457 2020

 

1 The Board now anticipates that profit before tax for the current financial year will be in the range of £8.2m to £8.6m.

 

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