Game Digital (LON:GMDG) has acknowledged that UK supply shortages for the highly successful Nintendo Switch console will have an impact on results in the second half of FY17. This is by nature a timing issue and other aspects of management’s transition strategy remain on course. We have placed our forecasts under review.
Game Digital has provided an update on the second half of the year ending 31 July 2017.
The Spanish business is trading strongly and in line with expectations. In the UK, the challenging trading environment has continued from the first into the second half. The company expected H2 sales to be underpinned by the Nintendo Switch console launch in March 2017, always dependent on stock availability.
To read the entire report please click on the pdf file below: