Game Digital reveals 30% surge in sales

Video games retailer Game Digital, which returned to the stock market in June, today said its annual profits were on track to meet City hopes after it enjoyed a jump in sales during the second half.

Following a “solid” second-half performance, the group said total sales were about 30 per cent higher than a year ago, and it was confident that underlying operating profits would be in line with analysts’ forecasts of about £43.7 million.

The chain, which operates across the UK and Spain, said it gained market share in both territories and now has more than 16 million customers signed up to its reward programmes.

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Chief executive Martyn Gibbs said: “Our consistent focus on improving the group’s specialist customer proposition has delivered a strong performance and positions the business well for the future.”

Full-year results are due to be released on 16 October.