NEWS: Games Workshop Profits to Exceed Estimates
Looks like someone’s running on all cylinders…
Via BusinessWeek:
Games Workshop Group Plc, the U.K. maker of Warhammer battle games, rose to the highest since August 2007 in London trading after it said full-year pretax profit is set to be “materially ahead” of analyst estimates.
Gross margins have “continued to improve and costs remain under full control,” the Nottingham, England-based company said in a statement today on Regulatory News Service. Games Workshop climbed as much as 30 percent, the biggest gain since its shares started trading in October 1994.
Pretax profit for the year ending May 30 may exceed analyst consensus estimates by 5 million pounds ($8 million), Games Workshop said in the statement.
Games Workshop climbed 77.5 pence to 332.5 pence. The stock has increased 86 percent over the last 12 months, giving it a market value of 103.5 million pounds.
~Even more financial analysis here, and here. Interesting to see the citation of a new series of single employee retail outlets (anyone seen any of these?), plus improved factory and inventory control for a chunk of this. Have at it, and be nice!
