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Rejuvenated Games Workshop is one to watch

Investors will be keen to get more detail at the half-year report on how the business is faring following its restructuring
January 6, 2016

Its figurines might be static but the war-gaming company Games Workshop (GAW) is not. While its update for the first half was a steady-as-she-goes affair with modest sales growth on a constant currency basis, there are some interesting moving parts to the business.

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Chief among these was the move to reinstate the dividend in 2015 after a break the previous year. There's every likelihood this should be stable given the company's principle of "returning truly surplus cash to shareholders".

Also, analysts at Peel Hunt expect the company to accelerate its store opening programme and look at new avenues to increase sales. The brokerage further claims there is "significant intellectual property", given the number of games based on Warhammer being produced. The half-yearly results are expected on 12 January.