Fighting the dark forces is not so profitable in Europe
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A second profit warning from wargames firm Games Workshop has sent the high street chain's shares plummeting 45% in morning trade.
The group, which sells and makes fantasy tabletop wargames, blamed lower sales in France and Germany for its problems.
Shares in the UK firm sunk to a 12-month low before recovering slightly to settle at 258p, down 21.2%.
The firm is closing 35 loss-making stores and cutting staff by 10%.
The cutbacks will cost about £6m to implement, but are expected to result in annual cost savings of £7m.
They are designed to "address short-term issues", according to Games Workshop management, who "remain confident in the long-term future of the business".
Second profit warning
The warning that full-year earnings will disappoint is the second this year.
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