A good outlook for Games Workshop?
£13 million profits up from to £6.2 million
via Games Workshop
DECEMBER 1, 2016 · RNS, TRADING STATEMENTS
Games Workshop Group PLC announces that sales and profits in the six months to 27 November 2016 are significantly ahead of those in the first half of the prior year and ahead of the Board’s original expectations. Preliminary estimates indicate an operating profit of c.£13 million for the period.
Over the first half we have seen strong sales and profit growth in constant currency terms. Sales and profits have further benefitted from the favourable impact of a weaker pound. Royalty income is also expected to be ahead of the prior year.
However, the Board is aware that it is still early in the 2017 financial year and that there are a number of challenging trading periods ahead.
We will be announcing our half-yearly report for the six months to 27 November 2016 on 10 January 2017.