Game Group has revealed record pre-tax profits up 33.4 per cent to £33.3 million for the six months to July 31.

In the UK and Ireland, Game's like-for-like sales grew 24.2 per cent in the period but dropped off to 4.6 per cent in the 8 weeks to September 20.

In the six month period, international like-for-likes grew 17.4 per cent.

Sales from e-commerce have grown 80 per cent year on year to£32m.

After a successful trail in six Borders stores, Game is to open a total of 33 concessions within the book retailer’s UK stores.

Game said that, due to a strong performance to date and positive outlook, it has raised its guidance for the Group's full year like for like sales performance from 5-10 per cent to 8-12 per cent.

Game chairman Peter Lewis said: “We deliver a compelling customer experience. Our specialist proposition is centred around customer service, our pre-owned offer, our Reward Card and our online capabilities, all of which have contributed to this success.

“The third generation consoles are all in good supply. Demand has continued to be strong and the installed console base now stands at over 17.3 million in the key UK market.

“We recognise the extraordinarily challenging and uncertain market conditions in which we are operating today, and we cannot be immune to wider economic uncertainties. However, we continue to be encouraged by the ongoing demand for third generation hardware and software which is in part being driven by the broadening demographic appeal.”

The retailer’s net debt position as at 31 July 2008 more than halved from the prior year July to£57.8m.

Game said it continues to be very cash generative and has a strong balance sheet.

Game Group operates 1,245 outlets in UK and Ireland, France, Spain, Portugal, Scandinavia and Australia.