Games Workshop sees full-year profits and sales slightly above expectations

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Sharecast News | 04 May, 2018

Retailer Games Workshop said on Friday that sales and profits for 2017/18 are likely to be "slightly above" expectations.

"Following on from the group's update on 5 February 2018, the good growth trends have continued to the end of April," it said.

"Sales and, given the high operational gearing of the business, profits for 2017/18 to date are therefore slightly above expectations."

At its half-year results back in January, Games reported a 54% jump in sales to £108.9m, as pre-tax profit rose to £38.8m from £13.8m in the same period a year ago.

The company is due to announce its full-year results in early June.

At 0900 BST, the shares were down 0.6% to 2,425p.

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