Sports Cafe trading below expectations

08 January 2007 by
Sports Cafe trading below expectations

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.

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

Sports Cafe website >>

By Kerstin Kühn

E-mail your comments to Kerstin Kühn]( Cafe trading below expectations) here.

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