14th Jun 2022 11:29
(Alliance News) - Games Workshop Group PLC on Tuesday said it expects an annual earnings rise and added it has handed out GBP10 million worth of staff bonuses in its recently-ended financial year.
The Nottingham-based miniature wargames maker expects core revenue of GBP385 million for the year ended May 29, up from GBP353 million a year earlier.
Games Workshop expects royalties of GBP28 million, up 75% from GBP16 million.
The FTSE 250 stock expects pretax profit of GBP155 million, up 2.6% from GBP151 million. Its bottom line had shrunk 3.7% annually to GBP88.2 million in the first half, so Games Workshop has enjoyed somewhat of a turnaround in the second half.
The company has declared dividends totalling 235 pence per share, unchanged from the prior year. It also said it has paid GBP10 million to staff during the financial ear, down 23% from GBP13 million a year earlier.
Games Workshop will announce annual results on July 26.
Games Workshop shares were 2.4% lower at 6,260.00 pence each in London on Tuesday morning.
By Eric Cunha; [email protected]
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