Games Workshop’s Profits On The Up

January 10, 2017 by brennon

The Telegraph posted today that Games Workshop has battled back from its slump of the past few years and is now seeing much-improved figures. All these changes from the company seem to be paying off!

Games-Workshop-Logo1

From The Telegraph…

“The Nottingham-based company, which is known for its model figures, saw profit before tax leap to £13.8m in the six months to November 27, compared to £6.3m for the same period in 2015.

Games Workshop also saw revenues jump 28.2pc from £55.3m to £70.9m, with chief executive Kevin Rountree saying the business and the hobby is in “good shape”.”

It would appear that changes in where they place their stores and the opening of new stores with better training are paying off but there is, of course, the new social media presence of the company and a turnaround in philosophy which seems to be winning people over.

Selling their intellectual property to video game companies also seems to be hitting the right chord and while there have been a few flops some big successes like Blood Bowl, Battlefleet Gothic, Mordheim: City of the Damned and Vermintide have made for a good year.

Hopefully, we’ll see the trend continue as Games Workshop try new things and delve more into board games AND of course a new edition of Warhammer 40,000 which must be around the corner.

What do you think of the news?

"Hopefully, we'll see the trend continue as Games Workshop try new things..."