Latest News
Tags:Finance
Sports Cafe trading below expectations(08 January 2007 17:30)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 >> By Kerstin Kühn E-mail your comments to Kerstin Kühn here. Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%. Source: CatererSearch |
SPONSORED LINKSmost viewed newsBuy & Sell
|