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Sports Cafe trading below expectations

(08 January 2007 17:30)
Sports Cafe logo

Bar chain Sports Cafe has said trading over the final quarter of its financial year has been “below expectations”.

The company said its board will hold a meeting tomorrow (9 January) to establish how bad things are.

“Sports Cafe will, within the confines imposed on the company as a result of it being in an offer period, be providing a fuller update after that board meeting,” it said in a trading statement.

Last September, Sports Cafe said it had received an informal bid approach. 

In October, it announced its withdrawal from in store gaming and said second-half results would be impacted by the delayed opening of its Cardiff cafe.

Earlier in the year, the group signed a two-year deal with broadcaster BSkyB to screen Sky Sports channels in high definition at its eight venues.

Article continues below

Sports Cafe's eighth site in Bristol trading ahead of expectations >>

Sports Cafe website >>

By Kerstin Kühn
 

E-mail your comments to Kerstin Kühn here.

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13th October 2008