Trading Statement

RNS Number : 0867F

Games Workshop Group PLC

06 January 2010

 



Games Workshop Group PLC

("Games Workshop" or the "Group")

TRADING STATEMENT AND NOTICE OF RESULTS

For immediate release                                                                                         6 January 2010

Games Workshop announces that pre-tax profits in respect of the year to 30 May 2010 are likely to be materially ahead of current market expectations.

Whilst sales in the first half of the year to 29 November 2009 declined slightly in constant currency terms, trading in December was satisfactory. The Group's gross margin has continued to improve, and costs remain under firm control. In addition, the outlook for royalties receivable in the current year remains good, although not as significant as in the year to 31 May 2009.

As a result, the Board of Games Workshop currently believes that pre-tax profits in respect of the year ending 30 May 2010 are likely to be some £5 million in excess of current market consensus estimates.

The Board will announce the Group's half-yearly results for the six months to 29 November 2009 on 19 January 2010. 

For further information, please contact:

Games Workshop Group PLC		0115 900 4001
Tom Kirby, chairman
Mark Wells, chief executive
Investor relations website	http://investor.games-workshop.com
General website	www.games-workshop.com
Singer Capital Markets Limited	Tel:	020 3205 7626
Shaun Dobson
Rawlings Financial PR Limited	Tel:	01653 618016
Catriona Valentine

 

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