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

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

Robert Hutchins is the editor of Licensing.biz and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent some six years with both ToyNews and Licensing.biz, and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@bizmedia.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobHutchins3 if ranting is your thing...

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