Games Workshop Group PLC Trading Update and Dividend (5194M)
15 September 2023 - 8:00AM
UK Regulatory
TIDMGAW
RNS Number : 5194M
Games Workshop Group PLC
15 September 2023
15 September 2023
Games Workshop Group PLC
(the "Company")
TRADING UPDATE AND DIVIDEND
Ahead of the Company's AGM next week, Games Workshop Group PLC
announces today that trading for the three months to 27 August 2023
was ahead of the Board's expectations for the quarter with core
revenue of c.GBP121 million (2022/23: GBP106 million) and licensing
revenue of c.GBP6 million (2022/23: GBP3 million). Profit before
tax is estimated at c.GBP57 million (2022/23: GBP39 million). This
has been driven by healthy growth across all channels.
The Board recognises that this performance is better than the
prior year but is also aware that it is still early in the
financial year. A further update will be given as appropriate.
The Board has also today declared a dividend of 50 pence per
share taking dividends declared so far in 2023/24 to GBP1.95 per
share (2022/23: GBP1.20 per share). This is in line with the
Company's policy to distribute truly surplus cash. This will be
paid on 3 November 2023 for shareholders on the register on 29
September 2023, with an ex-dividend date of 28 September 2023. The
last date for elections for the dividend re-investment plan is 13
October 2023.
For further information, please contact:
Games Workshop Group PLC investorrelations@gwplc.com
Kevin Rountree, CEO
Rachel Tongue, CFO
Investor relations website http://investor.games-workshop.com
General website www.games-workshop.com
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END
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