Business
Half-yearly report and trading update
Half-yearly report and trading update.
About this update from Games Workshop Group Plc
[{"type":"text","content":"\n \nRNS Number : 2191L Games Workshop Group PLC 08 January 2016 \n \n\nPRESS ANNOUNCEMENT\n \nGAMES WORKSHOP GROUP PLC\n \n 8 January 2016\n \nHALF-YEARLY REPORT AND TRADING UPDATE\n \nGames Workshop Group PLC (\"Games Workshop\" or the \"Group\") announces its half-yearly results for the six months to 29 November 2015.\n \nHighlights:\n\n\n\n\n\n\n\n \nSix months to\n\n\n \nSix months to\n\n\n\n\n\n\n\n29 November\n\n\n30 November\n\n\n\n\n\n\n\n2015\n\n\n2014\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n£55.3m\n\n\n£56.5m\n\n\n\n\nRevenue at constant currency*\n\n\n£56.9m\n\n\n£56.5m\n\n\n\n\nOperating profit pre-royalties receivable\n\n\n£4.7m\n\n\n£5.5m\n\n\n\n\nRoyalties receivable\n\n\n£1.5m\n\n\n£0.7m\n\n\n\n\nOperating profit\n\n\n£6.2m\n\n\n£6.2m\n\n\n\n\nPre-tax profit\n\n\n£6.3m\n\n\n£6.3m\n\n\n\n\nCash generated from operations\n\n\n£8.6m\n\n\n£7.8m\n\n\n\n\nBasic earnings per share\n\n\n14.9p\n\n\n14.5p\n\n\n\n\nDividend per share declared in the period\n\n\n20p\n\n\n36p\n\n\n\n\n \nKevin Rountree, CEO of Games Workshop, said:\n \n\"We have made some good progress on our strategic initiatives all focused on delivering long term growth. Whilst we are disappointed with the decline in return on capital reported in the period, we are all confident that we are focused on delivering the necessary changes to address this decline.\n \nIn the period we launched some great new products and our new visitor centre has performed well.\n \nDecember sales were below expectations across the Group. At this stage in the Company's financial year, the Company's internal proje...