Esporta PLC
11 July 2000
ESPORTA PLC
TRADING STATEMENT
11 JULY 2000
Esporta plc, one of the UK's premium health club operators, is today
providing an update on trading in the first six months of the year: The
Company anticipates announcing its interim results for that period on 11
August 2000.
Current trading conditions are similar to those prevailing when we provided
a trading update at the start of the Annual General Meeting.
Total membership of our clubs now stands at 126,000 (of which 94,000 are
adults), an increase of 22% against the same time last year.
Sales for clubs opened in 1998 and prior years have grown by 5% in the first
six months of the year. Revenues of 1999 clubs have increased by some 23% on
a comparable basis. The three clubs opened this year - Edinburgh, Oxford
and Northampton - continue to perform well with Oxford in particular
exceeding our initial expectations.
We will be opening four more units before the end of the calendar year -
Chislehurst (Eden), Lichfield, Enfield and Friern Barnet. This will bring
the estate to 29 clubs by the end of the year. We remain committed to our
original target of doubling the size of the estate over the three-year
period to the end of 2002.
For further details contact:
Graham Coles Esporta plc 0118 912 3503
Mark Beadle Esporta plc 0118 912 3506
Kathy Hannaford Brunswick 0207 404 5959
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