(Alliance News) - Games Workshop Group PLC on Thursday said it expected higher interim profit, revenue and declared an increased dividend.
The Nottingham, England-based miniature wargames maker and retailer said it expects half-year pretax profit to grow by at least 12% to GBP94 million in the six months to November 26 from GBP83.6 million a year ago.
Further, it expects core revenue of at least GBP235 million for the six months to November 26, up 11% from GBP212.3 million a year prior. Licensing revenue is expected to fall 16% to GBP12 million from GBP14.3 million.
Core operating profit is anticipated to climb at least 16% to GBP82 million from GBP70.7 million, with licensing operating profit expected to contract 15% to GBP11 million from GBP12.9 million.
The company announced that it will pay a dividend of 195 pence per share, up 18% from 165p a year ago.
Games Workshop will release its half-year results on January 9.
Games Workshop shares fell 9.4% to 9,605.00 pence each on Thursday morning in London.
By Tom Budszus, Alliance News slot editor
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Games Workshop (GAW)