Games Workshop shares surge on FY profit beat

Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier.

In a very brief trading update, the company said core revenue for the 53 weeks to June 2 would be at least £490m, up £45m year on year and licensing income of £30m versus £25m in 2022/23. Shares in the company were up almost 8% in London on the news.

Reporting by Frank Prenesti for Sharecast.com