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Games Workshop Group PLC

Games Workshop Group PLC Trading continued in line with sales performance in the first half

Games Workshop Group PLC (LON:GAW) announcesd its half-yearly results for the six months to 2 December 2018.

Highlights:

 

Six months to

Restated*

Six months to

2 December 2018

26 November 2017

Revenue

£125.2m

£109.6m

Revenue at constant currency**

£124.2m

£109.6m

Operating profit pre- royalties receivable

£35.3m

£34.5m

Royalties receivable

£5.5m

£3.6m

Operating profit and pre-tax profit

£40.8m

£38.1m

Cash generated from operations

£36.0m

£41.2m

Basic earnings per share

100.8p

96.0p

Dividend per share declared in the period

65p

61p

Kevin Rountree, CEO of Games Workshop, said:

“Our business and the Warhammer Hobby continue to be in great shape.

We have remained true to our long-term strategy, and once again delivered on our promise to produce and sell the best fantasy miniatures in the world, while engaging and inspiring our fans. We continue to strive to make the Warhammer hobby ever better. Exciting times.

December trading continued in line with the sales performance in the first half.

We are also announcing that the Board has today declared a dividend of 25 pence per share, in line with the Company’s policy of distributing truly surplus cash.”