Games Workshop stock soars 12% after record half-year profit growth
Games Workshop shares surged over 12% on Thursday following the company's announcement of robust profit growth in the first half of the year. The Nottingham-based firm, renowned for its Warhammer miniatures, also projected a rise in core revenues and pre-tax profits compared to last year.
The company anticipates core revenues of at least £310 million for the six months concluding in November, indicating a 15% increase from the same period in 2024. Pre-tax profit is also poised to climb to approximately £135 million, up from nearly £127 million in the previous year.
Games Workshop's latest financial report underscores sustained growth in profits and revenues. Shareholders will benefit from augmented dividends, reflecting the company's robust performance. Meanwhile, the share price rally underscores investor confidence in Games Workshop's future.