• Wed. Sep 21st, 2022

IN BRIEF: Games Workshop shares drop on narrowed quarterly profit – Morningstar

ByWikafever

Sep 21, 2022

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Games Workshop Group PLC – Nottingham-based miniature wargames maker – Says trading in the three months to August 28 is in line with the board’s expectations, with core revenue at GBP106 million, up 8.2% from GBP98 million the previous year. Licensing revenue amounts to GBP3.0 million, down 40% from GBP5.0 million a year prior. Pretax profit is expected at GBP39 million, down 13% from GBP45 million the previous year.
Declares an interim dividend of 30 pence per share, up 20% from 25p a year prior. Moving forward, the board game company says it will focus on sales growth and cost management.
Current stock price: 5,915.00 pence, down 16%
12-month change: down 47%
By Xindi Wei; xindiwei@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
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