Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: Games Workshop surges; Hipgnosis slips again

(Sharecast News) - Shares in Games Workshop Group surged on Friday after the Warhammer maker said trading for the quarter to August 27 was ahead of expectations, driven by healthy growth across all channels. In a brief trading update ahead of its annual shareholders meeting next week, the company said core revenue had risen to £121m for the quarter, ahead of the £106m posted last year with licensing revenue doubling to £6m. Pre-tax profit was estimated at around £57m, up from £39m.

Shares were up almost 12% in London trade.

"The board recognises that this performance is better than the prior year but is also aware that it is still early in the financial year. A further update will be given as appropriate," the company added.

It also declared a dividend of 50p per share taking dividends declared so far in 2023/24 to £1.95 per share, up from £1.20 per share a year earlier.

Hipgnosis fell again after revealing on Thursday it was selling some songs rights to pay down debt and fund share buybacks.

Market Movers

FTSE 250 (MCX) 18,845.43 -0.29% FTSE 250 - Risers

Games Workshop Group (GAW) 11,600.00p 11.65% AJ Bell (AJB) 303.00p 3.91% Baltic Classifieds Group (BCG) 206.00p 3.10% PureTech Health (PRTC) 219.00p 2.82% Ferrexpo (FXPO) 79.75p 2.51% Greggs (GRG) 2,544.00p 2.09% SSP Group (SSPG) 247.60p 1.98% Hill and Smith (HILS) 1,778.00p 1.95% CMC Markets (CMCX) 103.60p 1.57% Ithaca Energy (ITH) 166.30p 1.53%

FTSE 250 - Fallers

Digital 9 Infrastructure NPV (DGI9) 60.30p -5.19% Hipgnosis Songs Fund Limited NPV (SONG) 83.10p -4.48% Balanced Commercial Property Trust Limited (BCPT) 69.70p -3.60% Safestore Holdings (SAFE) 799.00p -3.21% Shaftesbury Capital (SHC) 118.20p -3.11% Grainger (GRI) 241.00p -2.82% North Atlantic Smaller Companies Inv Trust (NAS) 3,690.00p -2.64% LondonMetric Property (LMP) 174.30p -2.52% Hammerson (HMSO) 24.60p -2.46% JPMorgan Indian Investment Trust (JII) 880.00p -2.44%

Share this article

Related Sharecast Articles

FTSE 100 movers: Experian surges; Burberry falls on results
(Sharecast News) - London's FTSE 100 was up 0.1% at 8,439.32 in afternoon trade on Wednesday.
FTSE 100 movers: Ocado surges; Anglo American in the red
(Sharecast News) - London's FTSE 100 was up 0.2% at 8,428.30 in afternoon trade on Tuesday.
FTSE 250 movers: Currys in favour; No appetite for Greggs
(Sharecast News) - FTSE 250 (MCX) 20,630.59 0.34%
FTSE 100 movers: Diploma rallies on guidance upgrade; BAE hit by downgrade
(Sharecast News) - London's FTSE 100 was down 0.2% at 8,421.35 in afternoon trade on Monday.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.