Games Workshop shares gain on dividend declaration

FTSE 250 model manufacturer Games Workshop (LON:GAW) saw its share price surge 11.36% to 9,716.42p (as of 15:55 BST) after it reported that sales for the three months ended 30th August were ahead of board expectations and the same period of the prior year. Operating profits before royalty income for the quarter were roughly 60% ahead of last year. Retail outlets have still not fully recovered but the digital and trade channels have performed well.

Partly as a consequence of this performance, the company has declared a 50p dividend.