Revenue surges 54 per cent at Games Workshop as Warhammer franchise thrives

Best known for its Warhammer games franchise, The UK-headquartered retailer saw revenue soar 54 per cent to a record £109m in the six months to November 26th.
Author:
Publish date:
Social count:
0
0 0warhammer.png

Hobbyist retailer Games Workshop has seen a ‘massive surge in revenue’ and a near trebling in profits in its most recent financials.

Best known for its Warhammer games franchise, The UK-headquartered retailer saw revenue soar 54 per cent to a record £109m in the six months to November 26th.

Bosses at the retailer has attributed the growth to stellar mail order sales, including those through its website, which almost doubled to £21.3m.

Chief executive, Kevin Rountree said the ‘cracking results’ showed “our business and our Warhammer hobby are in great shape.”

Pre-tax profits jumped from £13.8m to £38.8m and Games Workshop paid shareholder dividends of 61p in the period, more than twice last year’s 25p.

The news caps off a remarkable year for the once troubled company. Its hsare priced has surged 270 per cent since the start of 2017.

Rountree said: “We are proud of the improving trends but we are not taking anything for granted, our feet remain firmly on the ground as we stride into the year ahead.”

Games Workshop opened a net seven stores in the period bringing its total to 469 while its topline was boosted by a 64 per cent jump in trade sales to £48m as it signed up an extra 200 stockists.

The retailer also makes money through its magazine White Dwarf, and by publishing books. Sales of digital publications via Apple climbed 22 per cent in the year and it also started to sell its titles via Amazon’s Audible audiobook service.

Related

Featured Jobs

Historic Royal Places Job Logo 620 x 349

Licensing Executive

Historic Royal Palaces (HRP) is a successful, high performing organisation built on strong foundations. An independent charity, we manage the Tower of London, Hampton Court Palace, the Banqueting House, Kensington Palace, Kew Palace and Hillsborough Castle in Northern Ireland. We help everyone to explore the story of how monarchs and people have shaped society in some of the greatest palaces ever built.

Universal Job Logo 620 x 349

Senior Graphic Designer, EMEA - Consumer Products

Working in tandem with the Product Development team and reporting into the Design Manager EMEA, the purpose of this role is to drive forward our creativity across all licensed consumer products. As part of the creative team, you’ll be developing exceptional creative assets and product concepts for numerous NBCUniversal franchises that inspire licensing partners across the entire region.

Aardman Job Logo 620 x 349

Brand Manager (Maternity Cover)

Part of the brand team, The Brand Manager works closely with several members of the department, including Studio Publicist, Community Managers, Licensing, Sales and Attractions and Live Experiences teams to implement local and international strategies in the form of brand plans and maximising on all activity surrounding the properties.

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.