August 15, 2022

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Make Somone Happy

Games Workshop – BBC News

1 min read

Games Workshop, the Nottingham-based fantasy games specialist, has announced record sales and
profits.

Shares in the firm jumped after it
said pre-tax profits increased by 44% to about £58m over the six months to 1 December.

It added that sales in December were in
line with the board’s expectations and that the business was “in great
shape”.

The Warhammer maker reported a 19% jump in
sales for the six-month period to £148m, ahead of the company’s
previous guidance.

Games Workshop was largely boosted by strong growth in its trade division, which saw sales increase 23.9% to £76.1m.

It said this was driven by the addition of 200 new trade accounts as it increased supply to independent retailers.

Chief executive Kevin Rountree said: “We are pleased to once again report record sales and profit levels in the period.

“The global team have worked their socks off to deliver these great results.”

The business has been a major success story for investors in recent years, with shares surging by more than 1,000% over the past five years.

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Video caption: Tabletop gaming is on a revival and is especially popular in Nottingham but why?