Retailer Game scores £1.3m profit

Last Modified: 25 Sep 2007
Source: ITN

Computer games chain Game has reported a £1.3 million profit as it gears up for the Christmas trading season.

The launch of new consoles, including the much-anticipated Playstation 3, provided Game with an upbeat set of results for the six months to the end of July.

The group, which will trade from 1,120 stores during the festive season, said business had also been strong in the following eight weeks, although it said margins were lower because of a greater proportion of hardware sales.

The company said: "The market for the retail of PC and video games products is very strong, driven by the current console technology cycle, and all participants are seeing good sales growth.

"We have worked hard over the last few years to position Game ahead of this new technology cycle by emphasising our specialist credentials including our breadth of range, in store services and loyalty card with millions of members."

Excluding Gamestation, Game operates 410 stores in the UK and Ireland, with another 427 in continental Europe and Australia.

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