Press releases
THE GAME GROUP PLC - Interim results for the 6 months ended 31st July 2002
03/10/2002
Highlights
- Turnover up 50% to £214.7m (2001: £143.1m) including like for like sales increase of 28.7%.
- Half year profit, before goodwill amortisation, of £3.1m compared with the loss last year of £1.9m.
- Interim dividend increased by 12.5% to 0.45p (0.40p).
- Second half like for like growth continues to be strong at 6% in the first 9 weeks to 28 September.
- Re-brand process nearing completion.
- Industry prospects outstanding with three major manufacturers promoting demand for new formats.
Peter Lewis, Chairman said:-
“This is only the third time in our history that we have made a profit in the “low season”. It augurs well for what promises to be a record Christmas”.
For further information please contact:
John Steinbrecher, Chief Executive
Martin Long, Deputy Chief Executive
THE GAME GROUP Tel: 01344 464040
Ben Foster, Charlie Armitstead, Nic Bennett
Financial Dynamics Tel: 020 7831 3113
Photographs are available at www.vismedia.co.uk.
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