8 Jun 2015 07:00
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PRESS ANNOUNCEMENT
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GAMES WORKSHOP GROUP PLC
("Games Workshop" or "Group")
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8 June 2015
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TRADING UPDATE ON CLOSE OF FINANCIAL YEAR ENDED 31 MAY 2015Β
Following the close of its 2014/15 financial year Games Workshop provides the following trading highlights:
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We expect the Group's profit for the year to 31 May 2015 to be broadly in line with market expectations.
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Over the year we have seen modest sales growth, at constant currency, in our core trade and mail order channels. We saw a small decline in our own stores due to continued difficult trading in Continental Europe following our restructuring last year. We saw expected declines in some non-core activities that are grouped with core activities in our reporting. The effect of these non-core activities and the continuing effects of unfavourable exchange rates mean that our reported sales are likely to show small declines in retail (c.5%) and trade (c.3%). Mail order growth was c.5%.
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We will provide full and detailed information, including the effects of adverse exchange rates, at the time of our results announcement on 28 July 2015.
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For further information, please contact: | ||
Games Workshop Group PLC | 0115 900 4003 | |
Kevin Rountree, CEO | ||
Rachel Tongue, Group finance director | ||
Investor relations website | investor.games-workshop.com | |
General website | www.games-workshop.com | |
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