DIGITAL TODAY: Good Game; RETAIL.UK video games retailer Game Group has posted record first half profits and raised its sales forecast Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. for the year. First half profit before tax was pounds 36.4m for the six months to July 31, up from pounds 2.7m in the same period last year. Group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. rose 54.1% to pounds 743.4m. The company increased its like-for-like sales forecast for the year to January 31, 2009, from 5%-10% growth to 8-12%. It said that the results were boosted by formats such as PlayStation3 and Xbox 360 as well as games such as Mario Kart and Wii Fit. |
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