Pre-close Trading Update

RNS Number : 4762G

Sports Direct International Plc

23 October 2008

 



23rd October 2008 

SPORTS DIRECT INTERNATIONAL plc 

Pre-close Trading Update

Sports Direct International plc ("the Group"), the UK's leading sports retailer, today provides an update on current trading in advance of the end of the first half of its 2008/2009 financial year.

In its Interim Management Statement on 10th September 2008 the Group reported that trading conditions continued to be the hardest that the Group had faced in its history, and that  view remains unchanged.

In spite of these tough market conditions, trading in the year to date is in line with the Group's expectations and the Board is of the view that performance for the full year 2008/2009 will be broadly in line with current market underlying EBITDA expectations of £135m. Underlying EBITDA is a measure used within the business and excludes the impact of exceptional items, foreign exchange and strategic investments.

Sports Direct will announce its Interim Results for the 26 weeks ended 26th October 2008 on 17th December 2008.

Ends

Enquiries:    

Dave Forsey, Chief Executive                                T. 0870 333 9400

Bob Mellors, Group Finance Director

Sports Direct International plc

Jonathan Brill / Billy Clegg / Caroline Stewart        T. 020 7831 3113

Financial Dynamics

 

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