Games Workshop sees profit, revenues ahead of expectations

by | Sep 15, 2023

(Sharecast News) – Games Workshop Group on Friday said trading for the quarter to August 27 was ahead of expectations driven by healthy growth across all channels.
In a brief trading update ahead of its annual shareholders meeting next week, the maker of Warhammer said core revenue had risen to £121m for the quarter, ahead of the £106m posted last year with licensing revenue doubling to £6m. Pre-tax profit was estimated at around £57m, up from £39m.

“The board recognises that this performance is better than the prior year but is also aware that it is still early in the financial year. A further update will be given as appropriate,” the company added.

It also declared a dividend of 50p per share taking dividends declared so far in 2023/24 to £1.95 per share, up from £1.20 per share a year earlier.

Reporting by Frank Prenesti for Sharecast.com

Related articles

US consumer sentiment improves in December

US consumer sentiment improves in December

(Sharecast News) - US consumer sentiment improved in December as worries about inflation receded, according to a survey released on Friday by the University of Michigan. The preliminary index of consumer sentiment ticked up to 69.4 from 61.3 in November and 59.8 in...

Latest Articles

Join our mailing list

Subscribe to our mailing list to receive regular updates!

x