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NEWS: Games Workshop Profits to Exceed Estimates

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Jan 10 2010

Looks like someone’s running on all cylinders…

Via BusinessWeek:

Games Workshop Group Plc, the U.K. maker of Warhammer battle games, rose to the highest since August 2007 in London trading after it said full-year pretax profit is set to be “materially ahead” of analyst estimates.

Gross margins have “continued to improve and costs remain under full control,” the Nottingham, England-based company said in a statement today on Regulatory News Service. Games Workshop climbed as much as 30 percent, the biggest gain since its shares started trading in October 1994.

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Pretax profit for the year ending May 30 may exceed analyst consensus estimates by 5 million pounds ($8 million), Games Workshop said in the statement.

Games Workshop climbed 77.5 pence to 332.5 pence. The stock has increased 86 percent over the last 12 months, giving it a market value of 103.5 million pounds.

~Even more financial analysis here, and here. Interesting to see the citation of a new series of single employee retail outlets (anyone seen any of these?), plus improved factory and inventory control  for a chunk of this. Have at it, and be nice!

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Author: Larry Vela
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