REG - Games Workshop Group - Trading update <Origin Href="QuoteRef">GAW.L</Origin>
RNS Number : 4467PGames Workshop Group PLC08 June 2015PRESS 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
General website
www.games-workshop.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDTSTLFFSIRDIDIIE
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