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Trading update

8 Jun 2015 07:00

RNS Number : 4467P
Games Workshop Group PLC
08 June 2015
 



PRESS ANNOUNCEMENT

 

GAMES WORKSHOP GROUP PLC

("Games Workshop" or "Group")

 

8 June 2015

 

 

TRADING UPDATE ON CLOSE OF FINANCIAL YEAR ENDED 31 MAY 2015

 

Following the close of its 2014/15 financial year Games Workshop provides the following trading highlights:

 

We expect the Group's profit for the year to 31 May 2015 to be broadly in line with market expectations.

 

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%.

 

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.

 

 

 

 

 

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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