viewGames Workshop Group PLC

Games Workshop confirms full year profit of at least £80mln

Games Workshop said it had enjoyed sales growth across all sales channels

The Warhammer game, which involves painting and strategy, is popular with children and adults

Tabletop gaming retailer Games Workshop Group PLC (LON:GAW) said full-year profit would be up 7% and that it had rewarded all its shop and back-office staff with an equal split of a £5mln share bonus.

In a brief trading update covering the year to 2 June, the Warhammer seller totted up £254mln of sales, up 15% on the £219.9mln in the previous year, and said profit before tax (PBT) would be “not less than £80mln” compared to £74.6mln a year earlier.

Games Workshop said this was thanks to a continuation of the sales and profit growth that it had revealed in a trading update in mid April through to the end of the financial year, when it had indicated PBT would be around £80mln.

Sales growth has been across all sales channels, while royalties receivable from third party licensing was roughly £11mln.

The group said it will provide full audited results on 30 July.

Quick facts: Games Workshop Group PLC

Price: 5750 GBX

Market: LSE
Market Cap: £1.88 billion

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