Games Workshop Topping London Stock Charts

Primaris Marine Wal HorAmazing news for the hobby out of the Finance world today, as it looks like Games Workshop is topping the stock charts in London! 

That being said, by topping we mean they are literally the top!

Don’t let the word miniatures fool you, these are some huge returns for investors. Games Workshop was the best performing stock this year on the London market according to Financial Times. Let’s see what they had to say about it.

Games Workshop, the best performing stock this year on the London market, said its revenues and earnings climbed significantly over the past six months, pushing shares up a further 9 per cent at the open on Friday.

The group, known for its table games based around characters with names like Gutrot Spume and Festus the Leechlord, said in a trading update that preliminary estimates point to sales of £109m in the half-year to November 26, up 53.7 per cent over the same period in the previous year. Operating profits climbed at a more rapid rate to £38m from £13.8m.

Games Workshop, founded over 30 years ago, makes miniature figurine armies that are used in intricate fantasy games, like Warhammer 40,000 and one based on The Hobbit. Players spend time customising their models — such as tanks and various creatures — by painting them and swapping out their bases. (“True mastery” of the art, “takes time and dedication”, the company says.)

The group’s shares have soared 174.4 per cent since the end of last year, making Games Workshop by far the best-performing stock on the FTSE All-Share index, according to FactSet data.

Games Workshop is based in the UK, but 70 per cent of direct sales are generated overseas from countries such as the US, Australia, China and Japan, helping to buffer its exposure to British economic tumult.

The Financial Times reported that Games Workshop was the best performing stock of the year on the London market, with their revenues and earnings climbing significantly over the last six months. But, 70% of direct sales are generated overseas from countries like the United States, Australia, China, and Japan.

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Games Workshop also recently reported on their financial standings in their half year trading update.

Following on from the announcement made in October, Games Workshop Group PLC announces a half year trading update for the six months to 26 November 2017. Preliminary estimates indicate sales of c. £109 million in the first six months of 2017/18 and an operating profit of c. £38 million for the period.

Over the first half we have seen sales and profit growth in all channels in constant currency terms with the momentum continuing throughout period. These results are in line with expectations for the year ending 3 June 2018 although the Board is aware that it is still early in the 2017/18 financial year.

We expect to announce our half-yearly report for the six months to 26 November 2017 on 9 January 2018.

Games Workshop has been doing amazingly well with their sales and overall stock performance. Their stock has gone up 174.4 per cent since the end of last year.

Previous GW Financial Updates:

Games Workshop Group PLC announced that the Board declared a dividend of 25 pence per share. This was paid on 2 June 2017 for shareholders on the register at 28 April 2017, with an ex-dividend date of 27 April 2017. The last date for elections for the dividend reinvestment plan is 11 May 2017.

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Another sign this toy giant is on the mend, this is the second time in recent months they have paid out to shareholders:

Games Workshop Group PLC announces that the Board has today declared a dividend of 25 pence per share. This will be paid on 2 December 2016 for shareholders on the register at 28 October 2016, with an ex-dividend date of 27 October 2016. The last date for elections for the dividend re-investment plan is 11 November 2016.

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Games Workshop Group PLC announces that sales and profits in the four months to 2 October 2016 are ahead of the Board’s original expectations.

Over the four month period of the year to date we have seen sales growth in constant currency terms. Sales have further benefitted from the favourable impact of a weaker pound. These have resulted in growth in reported sales for the period.

However, the Board is aware that this is early in the 2017 financial year and that there are a number of key challenging trading periods ahead.

Well have at it! Can GW see the light at the end of the tunnel now that sales are up, and they are having a gangbuster year? Have they satiated the questions of a curious hobby and non-hobby audience?

So what say ye? Where do you spend you hobby dollars in the Winter of 2017?

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About James Rodriguez

I'm a huge fan of anything tabletop. I play strictly Chaos in Warhammer, and Imperial in anything Star Wars. I spent 8 years in the military. Now I'm happy to be a civilian working with a great group of people. "We are all tyrants. Do not fool yourself. We were bred for nothing else." -Mortarion

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