Games Workshop Upgrade Highlights Robust Performance

2 months ago

Louise Moon

"It is a fascinating story. So yeah as you say they're one of the biggest boosters of Footsie this morning. They had a first half trading update. Jeffre called it outstanding. They called it an asset of rare quality. So, so a glowing report from Jeffre. Their revenue came in ahead of expectations and essentially it was a as a positive update. Peele Hunt upgraded it to a buy on the back of that saying that they're set for another good year, particularly referencing their dividend, saying that that reinforces strength of cash flow. Um, but yeah, as as we kind of touched upon it is it's a really interesting story."

Games Workshop delivered a strong first half trading update with revenues beating expectations. The company received a buy upgrade from Peele Hunt, citing robust cash flow reinforced by its dividend, and overall quality execution, which has helped fuel its recent rally on the FTSE.

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