Summary:
Trading in line; full year guidance for 52 weeks maintained
Challenging trading period across Leisure brands; good performance from Pubs and Concessions
Total revenue up 3.4% to £358.7m with like-for-like sales down 3.9%
Operating profit down 4.4% to £37.5m
Strong free cash flow of £35.8m
33 underperforming sites identified for closure/sale
Exceptional charge of £59.1m reflecting prospective site closures and 29 site asset value impairments
EPS down 3.0% to 14.3p on a trading basis and down to -11.2p on a statutory basis
Interim dividend maintained at 6.8p per share, reflecting confidence in our current trading forecast
First phase of operating strategy review completed
Appointment of new Executive team; strengthening of Board with appointment of two new NEDs
