SCA Sports Cafe

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

Grafico Azioni Sports Cafe (LSE:SCA)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Sports Cafe (LSE:SCA)
Storico
Da Lug 2023 a Lug 2024