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Article: World Cup helps expanding Sports Cafe cut losses.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- August 8, 2006
CopyrightCOPYRIGHT 2006 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By John Revill Business Staff
This summer's football World Cup and the expansion in the number of sites has helped Sports Cafe Holdings narrow its losses.
The group, which operates the Sports Cafe in Broad Street, Birmingham, reduced first half pretax losses to pounds 330,000 from pounds 471,000 as turnover rose by 46 per cent to pounds 9.3 million.
The chain said like-for-like sales rose ten per cent in the six months to June 30 while earnings before interest, ...