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Games Workshop warns of uncertainties ahead

Fantasy games figurines retailer Games Workshop has reported that is has been trading well since the update it gave on 19 September following its annual general… View Article

SPORTS & LEISURE

Games Workshop warns of uncertainties ahead

Fantasy games figurines retailer Games Workshop has reported that is has been trading well since the update it gave on 19 September following its annual general meeting.

Today the company said the subsequent weeks to 7 October had seen sales and profits come in at a similar level to the same period in the prior year.

However, Games Workshop issued a note of caution by saying there are “some uncertainties” in the trading periods ahead for the rest of the financial year.

The company added that it would give a further update as appropriate.

In September it was also announced that Games Workshop’s ex-chairman Tom Kirby had sold £20 million worth of shares in the business. The shares represented approximately 1.7% of the company’s issued share capital. The move followed Kirby’s retirement from his position last year.

Games Workshop was not party to the placing and did not receive any proceeds from the sale.

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