Games Workshop is expecting sales to rise, while pre-tax profit slips, according to the board’s estimate of the results for the six months to 28 November 2021.
The Nottingham-headquartered company said that trading is in line with expectations.
The board anticipates sales of not less than £190 million, in comparison to £186.8 million in 2020, driven by growth in trade and retail channels following the reopening of the majority of its retail stores.
Meanwhile profit before tax is expected to be no less than £86 million, in comparison to £91.6 million in 2020.
In a statement to London Stock Exchange, Games Workshop said: “As always, we remain focused on our core business metrics and are working tirelessly to improve the ones that are in our control. Our operating profit-pre royalties receivable is estimated to be down c.£15 million. However, excluding foreign exchange movements, increased carriage costs and the costs of paying more to our great staff, our core business operating profit is broadly in line with last year’s exceptional performance.”
