Games Workshop profits will ‘exceed market expectations’

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. 

About Robert Hutchins

Robert Hutchins is the editor of ToyNews and its sister title, Licensing.biz. He has worked his way from Staff Writer to Editor across the two titles, having spent almost eight years with both and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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