Games Workshop shares rise as staff receive over £5m bonuses

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Games Workshop
// Games Workshop staff receive £2500 each after shares rise 5%
// Sales have risen across all channels in the year to June 2
// Games Workshop now expects full-year sales to be at around £254m

Games Workshop has seen its shares climb five per cent after paying over £5 million in bonuses to staff.

Staff received over £2500 each as the gaming retailer revealed a sales growth across all channels in the year to June 2.

Games Workshop said it paid the bonuses – which were split equally across 1900 staff members – “in recognition of our staff’s contribution to these results”.

The fantasy games company now expects its full-year sales to be at around £254 million, which is an increase of 15 per cent from £219.9 million in the previous year.

It predicts its group pre-tax profits to be over £80 million for the year, up from £74.5 million in the year to June 2018.

This marks the second consecutive year that Games Workshop staff have received the £5 million cash boost, after it also doubled profits in last year.

Games Workshop has also undertaken a series of investment projects, including a new Nottingham factory and upgraded warehouse capacity, which is expected to bolster sales.

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