12th Apr 2019 08:33
LONDON (Alliance News) - Games Workshop Group PLC on Friday said trading has "continued well" since its half year report in January and profit is set to rise for its current financial year.
Shares in Games Workshop, which makes the tabletop miniatures game Warhammer, were up 6.2% at 3,515.00 pence in early morning trade.
In its financial year ending June 2, Games Workshop expects to post a pretax profit of around GBP80 million, a 7.4% increase from its GBP74.5 million profit the year before.
The company also said, for the period since its January half-year report and Sunday last week, its sales and profit are ahead year-on-year. The company's royalties receivable are also ahead for the same period after the signing of new licence agreements.
Games Workshop also declared a 35 pence per share divided "in line with the company's policy of distributing truly surplus cash".
The dividend will be paid on May 31 and lifts the annual dividend declared and paid in the company's current year to GBP1.55 per share, up 23% from GBP1.26 per share the year before.
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