Mostly good news for the big boy on the block.
You can read the post in its entirety right here. There is a lot to read.
The change in accounting policy has resulted in an increase in cost of sales and a decrease in
operating expenses of £4,702,000 in the income statement for the 53 weeks to 3 June 2012.
The impact of the change in policy for the current financial period is an increase in cost of sales and a
decrease in operating expenses of £4,787,000 in the consolidated income statement.
Yet not all is good, as reports Faeit 212.
via Tom Kirby, chairman and acting CEO of Games Workshop
“Games Workshop has had a mixed year. Sales were stronger in the first half than the
second, but cost control and cash management have strengthened throughout the period.
We finish the year with the most profit this company has generated since flotation and have
returned £18.4 million to our owners.
