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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sports Cafe | LSE:SCA | London | Ordinary Share | GB0030612864 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1616X Sports Cafe Holdings plc 24 May 2007 For Immediate Release 24 May 2007 Sports Cafe Holdings plc ("Sports Cafe" or the "Company") AGM Statement Sports Cafe, the owner and operator of the Sports Cafe chain of leading licensed Sports Entertainment Venues, held their AGM today and Chris Akers, Deputy Chairman, made the following comments on current trading: 'Following the difficult trading conditions during the second half of 2006, the initial months of 2007 have, as announced in the Annual Report, been a period of consolidation of the business on a reduced operating cost base with significant change in both strategic direction and operating focus. Whilst total sales during the first quarter of the year were at a similar level to 2006, the cost reduction exercise undertaken at the end of 2006 was reflected in both our gross margins and operating cost base during the first quarter. In common with many high street businesses, April trading was impacted by the unseasonably warm weather. However, trading during May, with its strong sporting calendar, has shown improved figures in the month to date. The Rugby World Cup and an increased level of televised premiership football from August are expected to provide the basis for a strong second half to the year. As detailed in the Annual Report, the Board has revised its strategy and, led by the new Chief Executive, Peter Marks, looks forward to the expansion of the Company's business through both organic and acquisitive growth.' For further information: Sports Cafe Holdings Plc Tel: 020 7839 3377 Peter Marks/Paul Wright Buchanan Communications Tel: 020 7466 5000 Charles Ryland/Rebecca Skye Dietrich This information is provided by RNS The company news service from the London Stock Exchange END AGMSEMFSLSWSEFI
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