Trading is ahead of expectations at Games Workshop, the miniature wargames manufacturer, according to a new update for the three months to 27 August 2023.
The quarter saw core revenue of around £121 million (2022/23: £106 million) and licensing revenue of around £6 million (2022/23: £3 million). Profit before tax, meanwhile, is estimated to be £57 million (2022/23: £39 million). “This has been driven by healthy growth across all channels,” the Nottingham company said.
It added: “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.”
Games Workshop’s Board has also 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) – in line with the business’s policy to distribute truly surplus cash.
