7th Jun 2019 08:26
LONDON (Alliance News) - Games Workshop Group PLC on Friday said positive trading continued in its recently-ended financial year, as it guided for both revenue and profit to rise.
Shares in the miniature wargaming manufacturing company were trading 3.4% higher at 4,598.00 pence each.
For the year ended June 2, the FTSE 250 listed company said it expects revenue to be GBP254 million and pretax profit to come in at "not less" than GBP80 million. A year ago, revenue amounted to GBP219.9 million while pretax profit was GBP74.5 million.
The year's receivable royalties are expected to be around GBP11 million, versus GBP9.9 million a year ago.
The company - maker of tabletop game Warhammer - paid a 35p per share dividend to shareholders on May 31, bringing the total annual payout to 155p. A year ago, the total dividend amounted to 126p.
Games Workshop will publish its annual results on July 30.
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