Home / Highlight / Games Workshop prepares for bumper 2019 with profits and sales already ahead of 2018

Games Workshop prepares for bumper 2019 with profits and sales already ahead of 2018

Profits and sales at Games Workshop, the tabletop gaming firm behind the global Warhammer franchise, are ahead of last year, signalling another bumper year for the UK company.

According to the group, trading between September and early November has beaten the company’s performance for the same period last year, with royalties receivable also ‘significantly ahead.’

Games Workshop now estimates that it will have booked sales of at least £140 million for the six months to the start of December. That’s an increase on last year of 12 per cent. Profit before tax is set to rise 35 per cent and will not come in lower than £55 million.

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

The retailer has seen its shares rise by 700 per cent over the past three years, and now has a market value of over £1.4 billion.

About Robert Hutchins

Check Also

Mental wellness game Book of Beasties launches free home learning kit in partnership with author and explorer Tom Hart Dyke

The team behind the award-winning mental wellness games and resources for children, Book of Beasties, …