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Games Workshop Declares Dividend As Expects Big Profit And Sales Rise

7th Dec 2020 09:20

(Alliance News) - Games Workshop PLC on Monday said its preliminary estimates show increases in both sales and pretax profit, despite UK government restrictions on shop openings.

The Nottingham-based miniature wargames manufacturer and retailer expects to report pretax profit of at least GBP90 million for the six months ended November 29. This would be up 53% from GBP59 million a year ago. It expects to report sales of about GBP185 million, up 25% from GBP148 million.

Games Workshop also declared a dividend of 60 pence, which it said is in line with its policy of distributing "truly surplus cash".

The company expects to announce its full results for the six months to November 29 on January 4, 2021.

Shares in Games Workshop were up 3.2% at 10,190.00 pence in London early Monday.

By Zoe Wickens; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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