StockMarketWire.com - Miniature wargames maker Games Workshop reported a jump in first-half profit as revenue rose on strength in its trade and online divisions.

For the six months to 29 November 2020, pre-tax profit rose to £91.6 million from £58.6 million year-on-year as revenue grew to £186.8 million from £148.4 million.

Trade achieved growth of 33% as the net number of trade outlets increased by 200 accounts to 5,100, helping drive forward sales, the company said.

Online sales grew by 87% compared to the same period last year.

Gross margin was up 6% to 75% in the period as a direct result of increasing volumes, offset by the costs of new facilities, it added.

The dividend for the half year was 80 pence, down from 100 pence a year earlier.






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