Profits Expected to Hit £200m, Revenues at £490m: Games Workshop’s Impressive Performance

  • Games Workshop expects profit-before-tax to reach £200m in full-year results
  • Core revenues expected at no less than £490m, up from £445m in FY23
  • Licensing income forecasted at £30m, up from £25m
  • Group profit share cash payments totaling £18m, up from £11m in 2022/23
  • Dividends declared and paid at 420 pence per share, up from 415 pence

Games Workshop has announced that it expects its profit-before-tax to reach a minimum of £200 million in its full-year results, marking an increase from the previous year’s £171 million. The company’s core revenues are projected to be at least £490 million for the 53 weeks ended on 2 June 2024, a rise from £445 million in FY23. Additionally, licensing income is anticipated to reach £30 million, up from £25 million. In its latest trading update, Games Workshop highlighted that it has paid group profit share cash payments totaling £18 million to employees, an increase from the previous year’s £11 million. Dividends declared and paid per share have also risen to 420 pence, up from 415 pence in the prior period. The company plans to announce these results in its annual report on 30 July 2024.

Factuality Level: 9
Factuality Justification: The article provides accurate and objective information about Games Workshop’s financial performance, including profit-before-tax expectations, core revenues, licensing income, employee rewards, and dividends. It also includes a clear timeline for the announcement of full-year results.
Noise Level: 2
Noise Justification: The article provides relevant financial information about Games Workshop’s performance and employee rewards but lacks analysis or contextualization of the company’s success. It does not explore long-term trends or consequences of decisions on stakeholders, nor does it offer actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s stock price and related companies in the toy/gaming industry
Financial Rating Justification: The article discusses the company’s financial performance, profit expectations, and dividends paid to shareholders, which are relevant to investors and can impact the company’s stock price and the overall gaming industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.

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