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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Games Workshop shares surge on FY profit beat

(Sharecast News) - Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier. In a very brief trading update, the company said core revenue for the 53 weeks to June 2 would be at least £490m, up £45m year on year and licensing income of £30m versus £25m in 2022/23. Shares in the company were up almost 8% in London on the news.

Reporting by Frank Prenesti for Sharecast.com

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