Sales up 28% for Green Man Gaming ahead of upcoming IPO

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Gaming

Green Man Gaming saw its full year turnover rise 28 per cent to £45.7 million, as the online retailer eyes a potential £100 million stock market float.

The Telegraph reported that the video games retailer filed accounts for the financial year to December 2017 with losses before tax down from £2.4 million to £931,000.

Green Man Gaming appointed Numis in April to manage a stock market listing for the business.

It’s likely any potential investors will be most interested in Green Man’s sales overseas, where international regions are driving growth.

Sales outside of Europe rose 42.8 per cent to £34 million for the year, while results in the UK and the rest of Europe were less impressive, coming in at £2.6 million and £10.9 million respectively.

“Green Man Gaming is enjoying strong growth… But there is still a huge amount to play for in one of the world’s largest entertainment sectors – video games,” Green Man founder Paul Sulyok said.

“We look forward to scaling our platform and bringing the magic of games to ever more people around the world.”

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