Goals has issued an in line YE trading update which will come as relief to the market. The other key news is that a new CEO is being sought, as a fresh pair of eyes is needed to revive a flagging UK business and to rebuild shareholder value. We are somewhat circumspect to what extent the UK business can grow meaningfully and feel FY16 could prove to be another mixed/tough year. We use today’s trading update to formally publish our 3 year forecasts post the recent profit warning, and after a good ....

14 Jan 2016
In line update and further management changes

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In line update and further management changes
Goals Soccer Centres (GOAL:LON) | 0 0 (-0.7%) | Mkt Cap: 54.5m
- Published:
14 Jan 2016 -
Author:
Sahill Shan -
Pages:
4 -
Goals has issued an in line YE trading update which will come as relief to the market. The other key news is that a new CEO is being sought, as a fresh pair of eyes is needed to revive a flagging UK business and to rebuild shareholder value. We are somewhat circumspect to what extent the UK business can grow meaningfully and feel FY16 could prove to be another mixed/tough year. We use today’s trading update to formally publish our 3 year forecasts post the recent profit warning, and after a good ....