Proactive Investors - Run By Investors For Investors

Games Workshop confirms full year profit of at least £80mln

Games Workshop said it had enjoyed sales growth across all sales channels
The Warhammer game, which involves painting and strategy, is popular with children and adults

Tabletop gaming retailer Games Workshop Group PLC (LON:GAW) said full-year profit would be up 7% and that it had rewarded all its shop and back-office staff with an equal split of a £5mln share bonus.

In a brief trading update covering the year to 2 June, the Warhammer seller totted up £254mln of sales, up 15% on the £219.9mln in the previous year, and said profit before tax (PBT) would be “not less than £80mln” compared to £74.6mln a year earlier.

Games Workshop said this was thanks to a continuation of the sales and profit growth that it had revealed in a trading update in mid April through to the end of the financial year, when it had indicated PBT would be around £80mln.

Sales growth has been across all sales channels, while royalties receivable from third party licensing was roughly £11mln.

The group said it will provide full audited results on 30 July.

View full GAW profile View Profile

Games Workshop Timeline

Related Articles

medical imaging graphic
June 13 2019
Here we take a closer look at the imaging and diagnostics firm IQ-AI
May 21 2019
H&T investing in digital offeringProfits gain in 2018Outlook upbeat as strategy pays off
May 23 2019
Company is looking for more acquisitions after integration of Metro Rod

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use