Games Workshop profits will 'exceed market expectations'

Robert Hutchins

By Robert Hutchins

July 25th 2017 at 11:35AM
UPDATED July 26th 2017 at 12:30PM
Games Workshop profits will 'exceed market expectations'

In a trading update for May 29th to July 23rd 2017, the business said its ‘good performance in 2016/17 has continued strongly in to 2017/18.’

Games Workshop has said profits for its financial year will be above market expectations.

In a trading update for May 29th to July 23rd 2017, the business said its ‘good performance in 2016/17 has continued strongly in to 2017/18.’

“Sales and profits for 2017/18 to date are well above the same period in the prior year,” said the firm.

“Profits for 2017/18 are therefore likely to be above market expectations.”

Despite the uplift, Games Workshop said the board remains aware of potential uncertainty in the market.

The company has also announced that Tom Kirby will retire from the board and will not seek re-election as a director. He will step down at the Games Workshop annual general meeting in September.

Nick Donaldson will succeed Kirby on his retirement.