Trading Statement

RNS Number : 4678Y

Sports Direct International Plc

09 September 2015

 

9 September 2015

Sports Direct International plc

Trading Update

Sports Direct International plc ("the Group"), the UK's leading sports retailer, announces its Trading Update relating to the period from 27 April 2015 to 8 September 2015. The Group will hold its Annual General Meeting in Shirebrook at 11am today.

Current Trading Update

As highlighted at our Preliminary Results in July, trading has continued to be in line with management expectations.

There has been no material change in the financial position of the Group since the end of the most recent reporting period on 26 April 2015.

Dave Forsey, Chief Executive of Sports Direct International plc, said:

"We continue to focus on the roll out of large format city centre stores and the expansion of our National Distribution Centre in Shirebrook.

"Consistent with previous guidance we continue to target the revised Underlying EBITDA target (before share scheme costs) of £420m for the current period."

The Group will report its Interim Results for the 26 weeks to 25 October 2015 on 10 December 2015.

For further information, please contact:

Sports Direct International plc                         T. 0344 245 9200

Dave Forsey, Chief Executive

Matt Pearson, Acting Chief Financial Officer

Powerscourt                                                    T. 0207 250 1446

Rory Godson

Victoria Palmer-Moore

Lisa Kavanagh

Notes to Editors

Sports Direct is the UK's leading sports retailer by revenue and operating profit, with approximately 400 stores across the UK. The Group provides an unrivalled range of products, offering exceptional quality and unbeatable value, from a wide variety of third-party and Group-owned brands, both in-store and online. Sports Direct now operates in 20 countries in Europe.

For more information please visit: www.sportsdirectplc.com

 

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