Home / Royal Mail / Market report: Growing profit figure at Games Workshop sees it hit shares record

Market report: Growing profit figure at Games Workshop sees it hit shares record

Games Workshop shares hit a record high a quarter of a century after making their market debut after the miniature wargame manufacturer forecast a sharp increase in profit.

The maker of Warhammer fantasy figurines led the FTSE 250 risers and closed almost a fifth higher at £53.75, up 869p.

In a brief update, the company said pre-tax profit for the six months to Dec 1 will be a third higher at about £55m compared with the same period last year, while sales would be at least £140m.

Analysts at Peel Hunt called the update “storming” and said they expected Games Workshop to reveal growth in trade, retail and online sales channels for the first half when it issues more details.

The Nottingham-based…




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