Games Workshop lifted as trading begins to restart

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Games Workshop lifted as trading begins to restart

The price of shares in FTSE 250 hobby goods manufacturer Games Workshop (LON:GAW) climbed 12.22% to 5,970p (as of 10:50 BST) despite the firm cutting guidance for the year ended 31st May. The company now says that pre-tax profits for the year ending 31st May will be not less than £70 million and it has agreed a new £25 million overdraft facility with its bank.

Some stores in China, Sweden, and the Netherlands have reopened in line with local government guidance and trade sales in Europe and North America will restart next month after making adjustments to working practices at the firm’s warehouses.

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