UK's Games Workshop hits record high on upbeat FY profit outlook

Games Workshop

05/03/2025 08:46

** Shares of miniature wargame maker Games Workshop GAW.L jump as much as 8.8% to hit record high at 14,970 pence

** Company expects PBT for 2025 to exceed expectations, driven by strong performance in both core business and licensing trading in January and February

** Peel Hunt says there is strong momentum in both core and royalties, further fueled by the recent Amazon announcement; sees shares maintaining their upward trajectory

     ** Brokerage increases target price to 15,000 pence from 14,400 pence, keeps "buy" rating

** Stock up ~57.50% over last 12 months

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))