Games Workshop turns fantasy into real world gains as it posts a bumper set of half-year profits
Games Workshop shares jumped to a record high as the company posted a bumper set of half-year profits.
The retailer, which sells Warhammer gaming figurines and other miniatures, said profits for the six months to December 2 had risen to £58.6million from £40.8million the previous year.
Sales rose from £125.2million to £148.4million over the period.
Games Workshop, which sells Warhammer gaming figurines and other miniatures, said profits for the six months to December 2 had risen to £58.6m from £40.8m the previous year
Yesterday its shares surged by 9.2 per cent, or 585p, to 6960p after the announcement.
The rise takes the stock’s gains over the past five years to an astonishing 1,292 per cent.
That means an investor who put in £1,000 in 2015 would now have about £13,900.
Games Workshop boss Kevin Rountree said: ‘Our business and the Warhammer hobby continue to be in great shape.
‘We are pleased to once again report record sales and profit levels.’
The firm said it had opened 12 stores during the period and that its Warhammer website was growing in popularity.
Games Workshop said it had declared dividends worth 100p per share during the period, and another worth 45p was declared yesterday.