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Games Workshop slashes dividend despite profit rise

By BFN News | 07:34 AM | Friday 08 June, 2018

Games Workshop cuts its annual dividend, despite reporting that sales and profit growth had continued in the year through June. In a full-year trading update, the company declared a full-year divided of 30p per share, down from a 74p payout a year earlier. The company said it expected sales of approximately £219m and a profit before tax at or above £74m. Royalties received from licensing were expected to come in at close to £10m. The company added that it saw sales growth across all sales channels, and had paid a staff bonus of £5m during the year. Story provided by

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