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Games Workshop Group PLC  -  GAW   

Trading Statement

Released 07:00 08-Jun-2018

RNS Number : 7164Q
Games Workshop Group PLC
08 June 2018
 

 

GAMES WORKSHOP GROUP PLC

("Games Workshop" or the "Group")

 

                                                                                                                                                      8 June 2018

 

TRADING UPDATE ON CLOSE OF FINANCIAL YEAR ENDED 3 JUNE 2018

 

Following the close of its 2017/18 financial year Games Workshop provides the following trading highlights:

 

Games Workshop is pleased to announce that the sales and profit growth, which was discussed in the trading update released on 4 May 2018, has continued in the period to the end of the financial year.  Sales growth has been across all sales channels.

 

We expect the Group's sales for the 53 weeks to 3 June 2018 to be approximately £219 million and the Group's profit before tax to be at not less than £74 million.  Royalties receivable from licensing are c. £10 million.  In recognition of our staff's contribution to these results, we paid during the year a bonus amounting in total to £5 million. This was paid equally to each member of staff.

 

Games Workshop also announces that the Board has today declared a dividend of 30 pence per share.  This will be paid on 27 July 2018 to shareholders on the register at 22 June 2018, with an ex-dividend date of 21 June 2018.  The last date for elections for the dividend re-investment plan is 6 July 2018.

 

We will provide detailed information on the audited results for the 2017/18 financial year at the time of our full year results announcement on 31 July 2018.

 

 

 

 

 

For further information, please contact:

 

 

 

 

 

Games Workshop Group PLC

 

0115 900 4003

Kevin Rountree, CEO

 

 

Rachel Tongue, Group Finance Director

 

 

 

 

 

Investor relations website

investor.games-workshop.com

General website

www.games-workshop.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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Trading Statement - RNS