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TOP NEWS: Games Workshop anticipates pretax profit and revenue growth

ALN

Games Workshop Group PLC on Wednesday said it expects further pretax profit and core revenue growth, sending its shares up.

The Nottingham, England-based miniature wargames maker and retailer said it anticipates annual pretax profit in the financial year ended June 2 to jump at least 17% to £200 million from £170.6 million a year prior.

Core revenue is set to be at least 10% higher at £490 million compared to £445.4 million.

Games Workshop shares jumped 7.3% to 10,120.00 pence each on Wednesday morning in London.

Back in January, the company had said it performed well despite challenging economic times. Back then, it reported that pretax profit had climbed 14% to £95.2 million in the financial half-year ended November 26, from £83.6 million a year prior. Core revenue had grown 11% to £235.6 million from £212.3 million.

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