Games Workshop sees H1 ahead of expectations

22nd Nov 2024 07:05

(Sharecast News) - Shares in Warhammer maker Games Workshop surged by 16% and hit a record high on Friday after the company lifted half-year guidance on the back of better-than-expected trading in the last two months.

In a typically brief trading update, the company on Friday forecast pre-tax profit of at least £120m for the six months to December 3, compared with £96.1m a year earlier. Core revenue was estimated at not less than £260m and licensing revenue of at least £30m.

Reporting by Frank Prenesti for Sharecast.com