GAMES WORKSHOP (GAW) – Retail
| Price: £177.93 +10.6% | P/E: 29.4x |
| Market Cap: £5.8bn | Yield: 1.8% |
The FTSE 100 fantasy miniatures firm has published its latest trading update for the six months to the end of November and has yet again raised its guidance.
Half-year core sales will be no less than £310 million, up 15% on the same period in 2024, while pre-tax profit will be no less than £135 million, up 6.5% on last year.
In addition, the firm has announced another dividend of 100p per share which takes the total to 325p for the current financial year against 185p in the whole of the 2025/25 financial year.
Our View
For many investors, the author included, Games Workshop is ‘the one that got away’, as to a degree it involves buying into the whole fantasy miniatures story.
Yet fantasy as a genre is huge money-spinner, as shown not just by Warhammer but by the explosion of interest in fantasy and ‘romantasy’ books.
Moreover, because Games Workshop develops its own IP it can keep coming up with new imaginary characters and new storylines and keep the tills ringing.
Read the press release here: https://investor.games-workshop.com/
Disclaimer: This content is for information only and is not investment advice. Always do your own research before investing. Click here to see full disclaimer.
