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Thursday 22nd October 2009
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 2009/2010 financial year.
In its Interim Management Statement on 9th September 2009 the Group reported that trading has continued to be ahead of last year and that the Board is very comfortable with its expectation of reducing net debt to below £400 million.
Trading continues to be in line with the Group's expectations and the Board still expects, at current exchange rates, to achieve underlying EBITDA of at least £150 million this financial year.
Sports Direct will announce its Interim Results for the 26 weeks ended 25th October 2009 on 10th December 2009.
Ends
Enquiries:
Sports Direct International plc T. 0870 333 9400
Dave Forsey, Chief Executive
Bob Mellors, Group Finance Director
Financial Dynamics T. 020 7831 3113
Jonathon Brill / Caroline Stewart / Alex Beagley
This information is provided by RNS
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