19th Jun 2024 09:04
(Alliance News) - Games Workshop Group PLC on Wednesday said it expects further pretax profit and core revenue growth, sending its shares up.
The Nottingham, England-based miniature wargames maker and retailer said it anticipates annual pretax profit in the financial year ended June 2 to jump at least 17% to GBP200 million from GBP170.6 million a year prior.
Core revenue is set to be at least 10% higher at GBP490 million compared to GBP445.4 million.
Games Workshop shares jumped 7.3% to 10,120.00 pence each on Wednesday morning in London.
Back in January, the company had said it performed well despite challenging economic times. Back then, it reported that pretax profit had climbed 14% to GBP95.2 million in the financial half-year ended November 26, from GBP83.6 million a year prior. Core revenue had grown 11% to GBP235.6 million from GBP212.3 million.
By Tom Budszus, Alliance News slot editor
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