The leisure group Clubhaus – a leading quoted European golf course, health and fitness operator – announced preliminary audited results ahead of market expectations for the year ended 31 December 1999.
Robert Bourne, Chairman of Clubhaus, commented:
“I am extremely pleased to report the fourth consecutive successful year in the performance, development and growth of the Group. Significant progress has been made in achieving the strategic goals which we have set ourselves.”
“Current trading is in line with expectations, with membership sales at both the new health clubs and the golf clubs ahead of plan. The outlook for Clubhaus is very exciting; the development and acquisition opportunities are now being reinforced by the pleasing results of the developments of the past four years.”
“The infrastructure is in place to take advantage of the opportunities that currently exist within the leisure sector and to establish Clubhaus as a major force within the market place.”