Games Workshop hammers home further growth

Sales and profits continue their double-digit rises in most recent quarter, pushing share price yet higher

Written by Rhys Thomas

Posted 11.11.2019 | Entertainment

Games Workshop hammers home further growth thumbnail

Games Workshop shares surged 19 per cent on Friday as the company behind the Warhammer IP again comfortably outstripped sales and profit expectations.

The company estimates booked sales will now reach at least £140m for the six months to December – a 12 per cent rise on the same period last year – with pre-tax profits up 35 per cent to £55m at the lowest.

During the same period last year, Game Workshop posted revenue of £125m.

Warhammer charts millenia-long wars between factions of Space Marines and other intergalactic scourges

Best known for tabletop gaming models and the Warhammer fantasy universe of pugnacious elves, orcs and Space Marines, licensing has also played a key role in a string of over-performing quarters.

In a statement to investors, Games Workshop revealed: “Following on from the group’s update in September, trading to November 3 has continued well… Royalties receivable are also significantly ahead of the prior year driven by the timing of guarantee income on signing new licences.”

A spike in share price followed the report, continuing an upward trend over the past three years that has seen its market value grow 700 per cent. The retailer and licensor is now valued at more than £1.4 billion.


Royal Mail celebrates 100 years of Rupert Bear thumbnail

Royal Mail celebrates 100 years of Rupert Bear

Royal Mail, in collaboration with DreamWorks Animation and Universal Brand Development has launched a set of eight stamps to mark ...

Festival of Licensing unveils community and wellbeing programme sponsored by ViacomCBS Consumer Products thumbnail

Festival of Licensing unveils community and wellbeing programme sponsored by ViacomCBS Consumer Products

The online programme will feature three complementary elements: Family Friendly Dance & Yoga, Retro Workout Class, and Self-Care

APC Kids adds new international broadcast partners to CTC Media Kid-E-Cats thumbnail

APC Kids adds new international broadcast partners to CTC Media Kid-E-Cats

The company has secured a raft of deals across all three seasons of CTC Media’s hit pre-school animation show

Press Releases

Industry leaders join The Key Buyers Event: Digital Edition from 8-15 June thumbnail

Industry leaders join The Key Buyers Event: Digital Edition from 8-15 June

Jay Roewe, SVP of production for HBO, Erik Barmack, founder of Wild Sheep, Marc Lorber, SVP, international co-productions & acquisitions ...

Energizer spotlights Masha the Bear thumbnail

Energizer spotlights Masha the Bear

Animaccord and Energizer partner on Masha and the Bear licensed torches, heading to retail across EMEA in 2020

Elmo’s World comes to UK’s Tiny Pop in 2020 thumbnail

Elmo’s World comes to UK’s Tiny Pop in 2020

Kids’ TV channel expands its Sesame Street content with new series of short-form, interactive episodes

Milkshake picks up Pirata & Capitan S2 thumbnail

Milkshake picks up Pirata & Capitan S2

UK kids’ block acquires second series of the Millimages pre-school animation after successful first run