REG - Games Workshop Group - Half Year Trading Update

Games WorkshopAnnouncement

07/12/2023 07:00

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RNS Number : 9536V  Games Workshop Group PLC  07 December 2023

For immediate release
 
7 December 2023

 

Games Workshop Group PLC

("Games Workshop")

 

HALF YEAR TRADING UPDATE

 

Games Workshop is pleased to confirm that trading since the last update in
September 2023 is in line with expectations. The Board's estimate of the
results for the six months to 26 November 2023, at actual exchange rates, is
core revenue of not less than £235 million (2022/23: £212.3 million) and
licensing revenue of c. £12 million (2022/23: £14.3 million). Core operating
profit is estimated at not less than £82 million (2022/23: £70.7 million)
and licensing operating profit of c. £11 million (2022/23: £12.9 million).
Profit before tax is estimated at not less than £94 million (2022/23: £83.6
million).

 

Under our profit share scheme, we are paying £2,500 in cash to each employee
in December (2023/24: £7.5 million; 2022/23: £4.5 million) to reward their
contribution to our performance. Dividends declared and paid in the period are
195p per share, £64.2 million (2022/23: 165p, £54.2 million).

 

Further details will be announced in the half yearly report which will be
released on 9 January 2024.

 

 

 

For further information, please contact:

 

   Games Workshop Group PLC
 Kevin Rountree, CEO                                                                    investorrelations@gwplc.com
 Rachel Tongue, CFO

 Investor relations website                                       http://investor.games-workshop.com
 General website                                                  www.warhammer.com

 

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