Friday, July 3, 2020

Investment company ups stake in Games Workshop

Investment company, Standard Life Aberdeen, has upped its stake in Games Workshop, the Nottingham headquartered miniature wargames manufacturer.

The move sees the Scottish company increased its holding in the listed company from 5.09% to 6.69%.

It follows a month after Games Workshop revealed that it expects pre-tax profits for the year to 31 May 2020 “to be no less than £70 million“.

Although the company shuttered its global operations in the wake of the pandemic, it’s trading for the first nine months to the end of February was in line with forecasts, it said.

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