Games Workshop profits to beat current forecasts, declares dividend

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Sharecast News | 17 Jan, 2017

Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November.

The retailer, which specialises in offering miniature war-game figurines for collecting and gaming, said it was confident of beating market expectation after finalising the product phasing for the year to end-May.

Games Workshop's revenues and profits have also benefitted from the continuing favourable impact of the weaker pound, it said.

"However, the board remains aware that there is some uncertainty in the trading periods ahead for the rest of the 2016/17 financial year," the company said.

The dividend will be paid on 3 March for shareholders on the register at 27 January.

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