Business
Preliminary Results 2008
Preliminary Results 2008.
About this update from Games Workshop Group Plc
[{"type":"text","content":"\n RNS Number : 0225A Games Workshop Group PLC 29 July 2008 \n \nGAMES WORKSHOP GROUP PLC\nPRELIMINARY RESULTS 2008\n\nGames Workshop Group PLC ('Games Workshop' or the 'Group') announces its preliminary results for the year ended 1 June 2008.\n\nHighlights\n\n\n\nRevenue up at £110.3m (2007: £109.5m) \n\n\nOperating profit - pre-exceptional up at £4.9m (2007: £2.2m)\n\n\nOperating profit/(loss) at £2.5m (2007: loss £(1.8)m)\n\n\nPre-tax profit/(loss) at £1.1m (2007: loss £(2.6)m)\n\n\nLoss per share of 2.4p (2007: 11.2p)\n\n\nDividend per share nil (2007: 4.95p)\n\n\n\nTom Kirby, chairman of Games Workshop, said: \n\n'We have had a better year. Not as good as we would like, not as good as it will be, but better nevertheless.'\n\nFor further information, please contact:\n\n\n\n\n\nGames Workshop Group PLC \n\n\nToday only:\n\n\n01653 618 016\n\n\n\n\nTom Kirby, chairman \n\n\nThereafter:\n\n\n0115 900 4001\n\n\n\n\nMark Wells, chief executive\n\n\n\n\n\n0115 900 4001\n\n\n\n\nMichael Sherwin, finance director\n\n\n\n\n\n0115 900 4001\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestor relations website \n\n\nhttp://investor.games-workshop.com \n\n\n\n\nGeneral website\n\n\nwww.games-workshop.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRawlings Financial PR Limited\n\n\nTel:\n\n\n01653 618016\n\n\n\n\nCatriona Valentine\n\n\n\n\n\n\n\n\n\n\n\nThe 2008 annual report, analyst presentation and notice of annual general meeting may be viewed at the investor relations website at the address above.\n FINANCIAL HIGHLIGHTS\n\n\n\n\n\n\n\n\n2008\n\n\n2007\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n£110.3m\n\n\n£109.5m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOperating profit - pre-exceptional and pre-royalties receivable\n\n\n\n£3.2m\n\n\n\n£0.8m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRoyalties receivable\n\n\n£1.7m\n\n\n£1.4m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOperating profit - pre-exceptional\n\n\n£4.9m\n\n\n£2.2m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nExceptional items - cost reduction programme\n\n\n£(2.4)m\n\n\n£(4.0)m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOperating profit/(loss)\n\n\n£2.5m\n\n\n£(1.8)m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPreߛtax profit/(loss)\n\n\n£1.1m\n\n\n£(2.6)m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDiscontinued operations - loss for the year\n\n\n£(1.2)m\n\n\n£(0.3)m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nYear end net borr...