Games Workshop shares hit record high after lifting H1 guidance

Shares in Warhammer maker Games Workshop surged by 16% and hit a record high on Friday after the company lifted half-year guidance on the back of better-than-expected trading in the last two months.

FTSE 250

20,591.79

15:35 22/11/24

n/a

FTSE 350

4,553.37

15:35 22/11/24

n/a

FTSE All-Share

4,508.79

15:35 22/11/24

n/a

Games Workshop Group

13,790.00p

15:34 22/11/24

17.76%

2,080.00p

In a typically brief trading update, the company on Friday forecast pre-tax profit of at least £120m for the six months to December 3, compared with £96.1m a year earlier. Core revenue was estimated at not less than £260m and licensing revenue of at least £30m.

Reporting by Frank Prenesti for Sharecast.com