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Nottingham Post
Nottingham Post
National
Matthew Bunn

Warhammer creator Games Workshop announces sales topped £200m

Nottingham tabletop gaming giant Games Workshop has announced core sales in the first six months of this year have surpassed £200million for the first time. The Lenton-based firm, best known for Warhammer, also announced an operating profit of £83.6m for the 26 weeks up to November 27, 2022, slightly down on the same period in the 2021 financial year, when it stood at £88.5m.

Revenue overall, meanwhile, stands at £226.6m, a substantial increase on the £211.6m in the first six months of the 2021 financial year. Kevin Rountree, CEO of Games Workshop, said: "Games Workshop and the Warhammer hobby are in great shape.

"Another rewarding and successful period for the global team with core sales for the six months of over £200m for the first time. We will continue to focus on making the best miniatures in the world, sign new licensing contracts with partners to exploit our IP outside of our core business and support our staff.

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"I'm so proud of their considerable hard work and commitment, thank you all." Reporting its results to the London Stock Exchange, the company confirmed Brexit has added extra costs but that the firm now sees this as 'the new cost of doing business', while the war in Ukraine has also led to circa £2m in lost net revenue from trade sales in Russia.

Fans of the company's products were also provided with an update on future releases. The report stated: "We are always looking to add more quality long-term video game partners to help us reach even more fans of our IP.

"It's been an exciting period, with launches for 22/23 so far including Immortal Empires mode for Total War: Warhammer III, Chaos Gate, Darktide and Tacticus for mobile. Blood Bowl 3 launches in February 2023."

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