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Games Workshop sees £269m revenue in ‘best financial year in its history’

Games Workshop is celebrating what it has hailed ‘the best financial year in the company’s history,’ having reported a revenue of £269.7 million for the 12 months to May 31st 2020. That’s an increase of over £10 million on the £256.6 million it totalled for the same period in 2019.

The miniatures manufacturer and name behind the globally popular Warhammer franchise also saw pre-tax profits grow from £81.3 million to £89.4 million over the financial year.

Commenting on the results, chief executive officer, Kevin Roundtree, said: “An amazing set of results – the best year in Games Workshop’s history, so far.

“You can once again see from these results that our business and the Warhammer hobby are in good shape. We look forward to the year ahead and will face any challenges head on and learn from our mistakes.”

Headquartered in Nottingham, Games Workshop’s business had been closed for more than a month at the height of the UK’s lockdown measures, including its high street retail outlets.

However, a ‘particularly strong’ appetite for the latest Warhammer launch and an around 40 per cent jump in user numbers on the Warhammer website to over 8 million appears to have helped the miniatures company maintain its momentum.

Games Workshop’s Roundtree added: “We thank our staff and customers and other stakeholders for their continued support during these uncertain times.”

 

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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