Games Workshop 2015 Final Results

DividendMax Ltd.

Games Workshop 2015 Final Results

Highlights:

 

Year to

Year to

 

31 May 2015

1 June 2014

 

 

 

Revenue

£119.1m

£123.5m

Revenue at constant currency

£123.1m

£123.5m

Operating profit-pre-exceptional items and royalties receivable

Exceptional costs

£15.0m

-

£15.4m

£4.5m

Royalties receivable

£1.5m

£1.4m

Operating profit

£16.5m

£12.3m

Profit before taxation

£16.6m

£12.4m

Cash generated from operations

£25.6m

£25.0m

Earnings per share

38.3p

25.2p

Pre-exceptional earnings per share

Dividends per share declared in the year

38.2p

52p

36.1p

-

Kevin Rountree, CEO of Games Workshop said:

"Over the year we have seen modest sales growth, at constant currency, in our core trade and mail order channels. We saw a small sales decline in our own stores due to continued difficult trading in Continental Europe following our restructuring last year. We saw expected declines in some non-core activities that are grouped with core activities in our reporting. The effect of these non-core activities and the continuing effects of unfavourable exchange rates mean that our reported sales show declines in retail (-4.6%) and trade (-6.3%). Mail order growth was 3.9%."

"We have all been working hard this year, made some good progress and honoured our commitment to distribute genuinely surplus cash to our shareholders. That commitment isn't going to change."

Companies mentioned