IN BRIEF: Games Workshop shares drop on narrowed quarterly profit

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Games Workshop Group PLC - Nottingham-based miniature wargames maker - Says trading in the three months to August 28 is in line with the board's expectations, with core revenue at £106 million, up 8.2% from £98 million the previous year. Licensing revenue amounts to £3.0 million, down 40% from £5.0 million a year prior. Pretax profit is expected at £39 million, down 13% from £45 million the previous year.

Declares an interim dividend of 30 pence per share, up 20% from 25p a year prior. Moving forward, the board game company says it will focus on sales growth and cost management.

Current stock price: 5,915.00 pence, down 16%

12-month change: down 47%

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