Games Workshop revenue smashes £250m in “best year” yet

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Games Workshop revenue
// Games Workshop revenue surpasses £250m
// In the year to June 2, revenue rose 16% to £256.5m, while pre-tax profits reached £81.2m
// Online sales rose from £44.9m to £47.1m

Games Workshop has reported record-breaking revenues and profits in what it described an “amazing” set of full-year results.

The fantasy figurine retailer’s revenue for the year to June 2 reached £256.5 million, a 16 per cent rise from £221.3 million in the prior 12 months.

Its pre-tax profits reached £81.2 million, a rise from £74.2 million.

“An amazing set of results – the best year in Games Workshop’s history, so far,” Games Workshop chief executive Kevin Rountree said.

“The board and I continue to believe that the prospects for the business are good.”

On a constant current basis, Games Workshop’s trade sales increased from £94.4 million to £120.6 million, while its retail revenue went from £82 million to £87.6 million.

Meanwhile, online sales rose from £44.9 million to £47.1 million.

In addition, Games Workshop continued to expand its physical footprint with 40 new stores opening. 20 of these were in North America.

During the year, Games Workshop opened one store in the UK and closed five leaving its total UK store estate at 140.

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