Are things looking more on the up from Games Workshop? Checkout the details on their annual sales, the hobby, and the sales road ahead!
Things look to be going much better this year for the toy maker from Nottingham, as they just released this trading update recently.
Source Games Workshop:
Games Workshop is pleased to announce a significant increase in sales and profits for the period from 28 November 2016 to 15 January 2017, compared to the same period last year. In light of the above, and having now finalised the product phasing for the year, profits for 2016/17 are likely to be above market expectations.
Sales and profits have further benefitted from the continuing favourable impact of the weaker pound.
A great way to turn Dollars To Pounds?
Games Workshop Group PLC also announces that the Board has today declared a dividend of 30 pence per share. This will be paid on 3 March 2017 for shareholders on the register at 27 January 2017, with an ex-dividend date of 26 January 2017.
How do you think sales will go this upcoming period based on what we know is in the release chute, and over all consumer confidence between Brexit and the US elections?
Previous GW Financial Updates:
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.
Well have at it! Can GW see the light at the end of the tunnel now that sales are up? Have they satiated the questions of a curious hobby and non-hobby audience?
Half year results: 2016-2017
About the Author: 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
