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Games Workshop Group PLC on Thursday said it expected higher interim profit, revenue and declared an increased dividend. The Nottingham, England-based miniature wargames maker and retailer said it expects half-year pretax profit to grow by at least 12% to £94 million in the six months to November 26 from £83.6 million a year ago. Further, it expects core revenue of at least £235 million for the six months to November 26, up 11% from £212.3 million a year prior. Licensing revenue is expected to fall 16% to £12 million from £14.3 million. Core operating profit is anticipated to climb at least 16% to £82 million from £70.7 million, with licensing operating profit expected to contract 15% to £11 million from £12.9 million. The company announced that it will pay a dividend of 195 pence per share, up 18% from 165p a year ago. Games Workshop will release its half-year results on January 9. Games Workshop shares fell 9.4% to 9,605.00 pence each on Thursday morning in London. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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