Games Workshop soars on year-end update

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Games Workshop soars on year-end update

The price of shares in FTSE 250 model manufacturer Games Workshop (LON:GAW) rallied by 10.49% to 7,845p (as of 13:20 BST) after the company provided a trading update. All warehouses and around 60% of stores are now reopened with management saying that performance had exceeded expectations since trading recommenced.

While COVID-19 has impacted the group’s financial performance, the company expects that revenues for the year ended 31st May will be roughly £270 million with pre-tax profits of not less £85 million.

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