REG - Sports Direct Intl. - Trading update <Origin Href="QuoteRef">SPD.L</Origin>

FrasersAnnouncement

08/01/2016 11:40

RNS Number : 3008L
Sports Direct International Plc
08 January 2016
8 January 2016
Sports Direct International plc
Trading update
Since our interim results on 10 December 2015, we have seen a deterioration of trading conditions on the high street and a continuation of the unseasonal weather over the key Christmas period. As a result, we are no longer confident of meeting our adjusted underlying EBITDA target (before share scheme costs) of 420m for the full year. In light of these factors, and in anticipation of similar trading conditions between now and the end of April, management's current expectation for the full year is for adjusted underlying EBITDA (before share scheme costs) of between 380m and 420m.
Ends.
Sports Direct International plc  T: 0344 245 9200
Dave Forsey, Chief Executive
Matt Pearson, Acting Chief Financial Officer
Powerscourt
Rory Godson T: 020 7250 1446
Peter Ogden
Lisa Kavanagh

This information is provided by RNS
The company news service from the London Stock Exchange
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