9th Sep 2015 06:08
LONDON (Alliance News) - Sports Direct International PLC Wednesday said that trading so far in its new financial year has continued to be in line with management expectations.
In a trading update ahead of its annual general meeting being held Wednesday, the FTSE 100 sporting goods retailer said that there has been no material change in the financial position of the group since the end of its last financial year and that trading from April 27 to September 8 was in line.
"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 GBP420 million for the current period," Chief Executive Dave Forsey said in a statement.
Sports Direct will report its first-half results, for the 26 weeks to October 25, on December 10.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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