Listed miniature war games manufacturer Games Workshop still expects to make a profit this year, as it works to recover from the coronavirus pandemic.
In a financial update to the London Stock Exchange today, June 12, officials confirmed the business had taken a hit, but they still expect to get through the year in the black.
It comes as the Office for National Statistics said 海角视频 economic activity was down by 20.4 per cent in April - the largest drop in a single month since records began in 1997.
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The fall massively outstrips the then-record 5.8 per cent drop in March gross domestic product (GDP) that the ONS reported last month.
Games Workshop closed stores as lockdowns were enforced across the world, but 306 of 532 branches have now re-opened.
The firm's warehouses and factory are also operating, although at a reduced capacity to comply with social distancing.
In a financial update to the London Stock Exchange today, June 12, officials confirmed the business had taken a hit, but they still expect to make a profit this year.
A statement signed off by the company stated: "Trading for the Group in the nine months to the end of February was in line with expectations.
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"Since the outbreak of Covid-19 and the subsequent closure of our operations globally, our performance has been impacted. However, our recovery since re-opening has been better than expected.
"As we have re-opened our sales channels as discussed above, we now estimate our sales to be c. £270 million and profit before tax for the year ended May 31, 2020 to be no less than £85 million.
"This includes royalties receivable from licensing which are estimated to be approximately £16 million."
The statement added: "In relation to the future performance of the Group, the board feels that it is too early to know what the continuing impact of Covid-19 is likely to be."