Games Workshop trading in line; staff to get £2,500 bonus.
Games Workshop announced on Thursday that its staff are set to receive a nice Christmas bonus, as it said trading since its last update in September has been in line with expectations.
Source: Sharecast
In a brief update, the miniature wargames manufacturer said that for the six months to 26 November, it expects core revenue of not less than £235m, up from £212.3m in the same period a year earlier, while core profit was estimated at not less than £82m, up from £70.7m.
However, licensing revenue was seen at around £12m, down from £14.3m, with core operating profit falling to £11m from £12.9m.
Games Workshop said it expects pre-tax profit of no less than £94m, compared with £83.6m a year earlier.
Under its profit share scheme, the company will pay £2,500 in cash to each employee in December for their contribution to its performance.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
