(Sharecast News) - Games Workshop said it expected to post increased annual profit of at least £170m, up from £157m a year ago, driven by a strong rise in revenue and licensing income.

In a year-end trading update, the maker of Warhammer said core revenue for the 52 weeks to May would be not less than £440m, up from £387m.

Licensing income was forecast to fall to £25m from £28m.

Reporting by Frank Prenesti for Sharecast.com