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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Games Workshop Group Plc | LSE:GAW | London | Ordinary Share | GB0003718474 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -190.00 | -1.95% | 9,565.00 | 9,550.00 | 9,560.00 | 9,790.00 | 9,540.00 | 9,770.00 | 71,508 | 16:35:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Games,toys,chld Veh,ex Dolls | 470.8M | 134.7M | 4.0881 | 23.38 | 3.15B |
From Apr 2022 to Apr 2024
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RNS Number : 8272I
Games Workshop Group PLC
07 December 2022
For immediate release 7 December 2022
Games Workshop Group PLC
("Games Workshop")
HALF YEAR TRADING UPDATE
Games Workshop is pleased to confirm that trading since the last update in September 2022 is in line with expectations. The Board's estimate of the results for the six months to 27 November 2022, at actual exchange rates, is core revenue of not less than GBP210 million (2021: GBP191.5 million) and licensing revenue of c. GBP14 million (2021: GBP20.1 million). Core operating profit is estimated at not less than GBP70 million (2021: GBP69.6 million) and licensing operating profit of c. GBP13 million (2021: GBP18.9 million). Profit before tax is estimated at not less than GBP83 million (2021: GBP88.2 million).
Licensing income at actual exchange rates has decreased to c.GBP14 million (2021: GBP20.1 million) as there were a number of significant computer game licensing deals signed in the prior period. The related guarantee income on these deals is recognised on signing the contract in line with our accounting policy (2022: c.GBP7 million, 2021: GBP13.7 million).
Under our profit share scheme, we are paying GBP1,500 in cash to each employee in December (2022: GBP4.5 million; 2021: GBP6.9 million) to reward their contribution to our performance. Dividends declared in the period are 165p per share, GBP54 million (2021: 100p, GBP32 million).
Further details will be announced in the half yearly report which will be released on 10 January 2023.
For further information, please contact:
Games Workshop Group PLC Kevin Rountree, CEO investorrelations@gwplc.com Rachel Tongue, CFO Investor relations website http://investor.games-workshop.com General website www.games-workshop.com
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END
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(END) Dow Jones Newswires
December 07, 2022 02:00 ET (07:00 GMT)
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