PREMIUM
Games Workshop in a league of its own
Strong sales growth driven by a loyal customer base, incredibly low operational gearing, mega-cash flows and a generous dividend. What’s not to love?
It must be nice to be the boss at Games Workshop (LON: GAW), every month seems to end in a pleasant surprise. Even in November – a notoriously quiet month for British retail as consumers brace themselves for Christmas – the specialty game group delivered more than management had anticipated: at the start of the month, interim revenue in the six months to 1 December was expected to be no less than £140m, by the…
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