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Added to YB: 2024-09-23

Pitch date: 2024-09-19

GAW.L [bullish]

Games Workshop Group PLC

+9.82%

current return

Author Info

No bio for this author

Company Info

Games Workshop Group PLC, together with its subsidiaries, engages in the design, manufacture, distribution, and sale of fantasy miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally.

Market Cap

GBP 3.5B

Pitch Price

GBP 106.54

Price Target

N/A

Dividend

5.14%

Sector

Leisure Products

Category

growth

Games Workshop: Going mainstream

GAW.L: FY24 EBIT +20%, margin improved to 38.5% PBT. H2 accelerated, 11% core growth. Gross margin up on lower transport costs. NA growth slowed by FX, but improving supply. Space Marine 2 success, 3M+ copies. Record royalties. Expect FY25 to be best yet. Trading at 24x PE, 3%+ yield. Mainstream potential with Amazon deal.

Read full article (10 min)