Games Workshop climbs as it issues new guidance

The share price of FTSE hobby craft firm Games Workshop (LON:GAW) shot upwards by 16.18% to 5,235p (as of 11:50 GMT) after it published a trading statement for the period to the 3rd November. Management said that sales and profits are both ahead of the prior year with receivable royalties also up due to new licences.

The company estimated that sales for the six months ending 1st December would not be less than £140 million with pre-tax profits of at least £55 million.