REG - Games Workshop Group - Trading Update and Dividend

Games WorkshopAnnouncement

15/09/2023 07:00

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RNS Number : 5194M  Games Workshop Group PLC  15 September 2023

 
 
                                15 September
2023

 

Games Workshop Group PLC

(the "Company")

 

TRADING UPDATE AND DIVIDEND

 

Ahead of the Company's AGM next week, Games Workshop Group PLC announces today
that trading for the three months to 27 August 2023 was ahead of the Board's
expectations for the quarter with core revenue of c.£121 million (2022/23:
£106 million) and licensing revenue of c.£6 million (2022/23: £3 million).
Profit before tax is estimated at c.£57 million (2022/23: £39 million). This
has been driven by healthy growth across all channels.

 

The Board recognises that this performance is better than the prior year but
is also aware that it is still early in the financial year. A further update
will be given as appropriate.

 

The Board has also today declared a dividend of 50 pence per share taking
dividends declared so far in 2023/24 to £1.95 per share (2022/23: £1.20 per
share). This is in line with the Company's policy to distribute truly surplus
cash. This will be paid on 3 November 2023 for shareholders on the register on
29 September 2023, with an ex-dividend date of 28 September 2023. The last
date for elections for the dividend re-investment plan is 13 October 2023.

 

 

 

 

For further information, please contact:

 

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

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

 

This announcement contains inside information for the purposes of the Market
Abuse Regulation.

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