Games Workshop Shares Soar Again

From Morningstar: 2024-11-22 06:50:09

Shares in Games Workshop (GAW) soared 16% to £136.50 following a trading update, boosting market value by nearly 40% this year and 140% over five years. Anticipated pretax profit for the first half of the financial year is £120 million, up 25% from a year ago.

Investors await news of a deal with Amazon for a Warhammer TV and film series, driving licensing revenue up. Core revenue expected to rise 10% to over £260 million, with licensing revenue doubling to £30 million. Games Workshop will release half-year results on Jan. 14.



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