Games Workshop Group PLC (LSE:GAW), the tabletop miniatures wargaming group, took a bit of a (war)hammering on Wednesday as it warned of rising freight costs.
The company said sales continued to grow in the three months to the end of August in line with management’s expectations but the company is also feeling the pressure from unhelpful exchange rates.
That did not stop the company from declaring a dividend of 25p per share in respect of the second quarter of the group’s fiscal year. The payout follows a first-quarter dividend of 40p.
Shares in the company, having capped a 2,000%-plus rise over the past five years to an all-time high above 11,300p earlier this month, fell 7% to below 11,000p on Thursday morning.