Press releases
AGM Trading Statement
03/07/2003
At the Annual General Meeting, held today, the Chairman Peter Lewis gave the following update to shareholders:
“In the 21 weeks to 28 June 2003 overall sales are up by 4.1% with like for like sales down 2.9%. This compares to last year’s equivalent period increase in like for like sales of 34%. However, any comparison is distorted due to the fact that this period last year represented the strongest period of trading within the year, benefiting from the launch of the Microsoft Xbox and Nintendo GameCube.
We have continued to trade ahead of our expectations for this period and are pleased with the progress we have made, as we continue to see improvements in market share.”
| For further information please contact: | |
| The GAME Group plc | Tel: 01344 464515 |
| Martin Long, Chief Executive Designate and Chief Financial Officer | |
| Lisa Morgan, Deputy Chief Executive Designate | |
| Financial Dynamics | Tel: 0207 831 3113 |
| Ben Foster/ Charlie Armitstead |
Note:
At the Annual General Meeting all resolutions were passed.
