Games Workshop Group PLC Trading Statement (7077Q)
01 December 2016 - 11:04AM
UK Regulatory
TIDMGAW
RNS Number : 7077Q
Games Workshop Group PLC
01 December 2016
PRESS ANNOUNCEMENT
GAMES WORKSHOP GROUP PLC
1 December 2016
TRADING UPDATE
Games Workshop Group PLC announces that sales and profits in the
six months to 27 November 2016 are significantly ahead of those in
the first half of the prior year and ahead of the Board's original
expectations. Preliminary estimates indicate an operating profit of
c.GBP13 million for the period.
Over the first half we have seen strong sales and profit growth
in constant currency terms. Sales and profits have further
benefitted from the favourable impact of a weaker pound. Royalty
income is also expected to be ahead of the prior year.
However, the Board is aware that it is still early in the 2017
financial year and that there are a number of challenging trading
periods ahead.
We will be announcing our half-yearly report for the six months
to 27 November 2016 on 10 January 2017.
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
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation.
This information is provided by RNS
The company news service from the London Stock Exchange
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December 01, 2016 06:04 ET (11:04 GMT)