Record Sales Growth and Rewards for Employees
- Games Workshop announces staff bonuses of £5m
- Profits expected to be at least £80m
- Sales growth across all channels
- Group sales up 15% to £254m from previous year’s £219.9m
- Profit share bonuses for each staff member
- Dividend of 35p per share paid to shareholders
Games Workshop, the manufacturer and retailer of fantasy miniatures, has announced that its staff will receive bonuses totaling £5 million as it expects full-year profits before tax to be at least £80 million. The company has seen sales growth across all channels, with group sales for the year ending 2 June 2019 reaching approximately £254 million, a 15% increase from the previous year’s £219.9 million. In recognition of their contribution to these results, Games Workshop has paid profit share bonuses on an equal basis to each of its 1,900 employees. Additionally, a dividend of 35p per share was paid to shareholders on 31 May 2019, bringing the total paid in the financial year up to £1.55 per share compared to £1.26 in 2018. The company will reveal its full-year results on 30 July 2019.
Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about the company’s financial performance, sales growth, staff bonuses, and dividends paid to shareholders. It is free from digressions, unnecessary background information, or personal perspectives.
Noise Level: 4
Noise Justification: The article provides relevant information about the company’s financial performance and staff bonuses, but it lacks in-depth analysis or exploration of long-term trends or consequences. It also does not offer actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s stock price and related companies in the miniatures and gaming industry
Financial Rating Justification: The article discusses the company’s financial performance, profitability, and bonuses for staff and shareholders, which are all relevant to financial topics. The announcement of a dividend payment also impacts the company’s stock price and can affect related companies in the miniatures and 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 last 48 hours.
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