Trading Statement

Esporta PLC 11 January 2001 TRADING STATEMENT Esporta plc, one of the UK's premium health club operators, is today providing an update on trading for the year ended 31st December 2000. The Company expects to announce on 8th March 2001 its preliminary results for that period. Total membership of clubs as at 31st December 2000 increased to 147,000 (of which 112,000 are adults), 31 per cent higher than the same time last year. Sales from clubs which opened in 1998 and earlier years have grown by 5 per cent in 2000. Openings in 1999 continue to grow well with revenues up by some 19 per cent on a comparable basis, and the group of clubs opened in 2000 - Edinburgh, Oxford, Northampton, Chislehurst (Eden), Lichfield and Enfield - is performing in line with expectations. During the period, the acquisition of three Healthland clubs - Milton Keynes and Finnieston, Glasgow in the UK and Las Rozas in Madrid - brought the total estate to 31 clubs at the end of the year. The integration of the Healthland estate is proceeding well, and the introduction of Esporta branding and operating standards will be complete by the end of the first quarter of 2001. Esporta now has the management structure and key personnel in place to implement the group's accelerated growth plans in the UK and Europe. Jonathan First and Keith McAlister, both former directors of Healthland Europe, will head the development function and continental European operations function respectively. Chief Executive Graham Coles said: 'Very good progress has been made in our first year as an independent quoted company in terms of both trading and business development. We are well placed to continue this progress into 2001. We have continued to grow organically, and our acquisition of the three Healthland clubs, together with a number of Healthland leases for subsequent development, has both secured our entry into Europe and strengthened our UK development programme. We now have twelve clubs unconditionally contracted to open in 2001 and a further three in 2002. This will represent a doubling of the size of our estate in our first three years as an independent business. In addition, we have a number of conditionally contracted clubs, together with a strong pipeline'. For further details contact: Graham Coles Esporta plc 0118 912 3503 graham.coles@esporta.co.uk Mark Beadle Esporta plc 0118 912 3506 mark.beadle@esporta.co.uk William Cullum Brunswick 0207 404 5959 wcullum@brunswickgroup.com Notes for Editors 1. Esporta plc is one of Europe's fastest growing and most successful health club groups. Operating primarily at the premium end of the market, Esporta clubs typically offer a full range of fitness facilities, including swimming pools, plus a range of non-fitness activities, including bars, restaurants and health and beauty treatments. At 10th January 2001, Esporta had a stock market value of £170.9m. Esporta was floated on the London Stock Exchange in February 2000. 2. Esporta recently announced the acquisition of three clubs from Healthland, including Esporta's first outlet in Spain. Esporta also secured a number of leases for development from Healthland including one in Stockholm, Sweden and another in Lille, France. 3. Esporta reported Interim Results for the six months to 30th June 2000 on 11th August 2000. Financial Highlights: * Turnover up 25 per cent to £38.5m (H1 1999: £30.9m before exceptional income) * EBITDA up 48 per cent to £9.9m (H1 1999: £6.7m before exceptional items) * Operating Profit margins increased to 14% (H1 1999 11 per cent before exceptional items) * Profit before tax up 73 per cent to £4.5m (H1 1999: £2.6m) * Earnings per share up 93 per cent to 2.12p (H1 1999: 1.10p) * Interim dividend of 0.45p per share
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