Games Workshop, the Nottingham-based manufacturer of miniature wargames, has reported its best first half performance.
According to half-yearly results for the 26 week period ended 1 December 2024, revenue at the business jumped to £299.5m from £247.7m in the same period of the year prior. Pre-tax profit, meanwhile, grew to £126.8m from £95.2m.
Kevin Rountree, CEO of Games Workshop, said: “I’m delighted to report our best first half-year performance. A huge thank you to our staff, customers, trade accounts and broader stakeholders for their ongoing support.”
Games Workshop noted that it is not expecting any material impact on its financial performance for the year to May 2025 following the UK’s Autumn Budget (e.g. increases to the National Living Wage), as it already pays all UK staff, as a minimum, close to the new level. The business noted however that it may drive third party input cost increases in 2025/2026.
The firm added that it is busy progressing the construction of its fourth factory at its HQ in Nottingham, which is due to be completed in the summer of 2026, while Games Workshop’s new paint factory at nearby Easter Park will be operational this financial year.
The company recently concluded negotiations with Amazon for the adaption of Games Workshop’s Warhammer 40,000 universe into films and television series, together with associated merchandising rights.
