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Games Workshop FY21 revenues soar 31% to over £350m

The Nottingham-based miniature wargames provider also reported a 68.8% spike in FY21 profit before tax when compared to the previous year

Games Workshop Group, the creator of Warhammer, saw group revenues soar 31% year-on-year to £353.2m for the year ended 30 May 2021.

The Nottingham-based miniature wargames provider also reported a 68.8% spike in FY21 profit before tax when compared to the previous year.

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The company’s trade operation consisted of 55% of total sales, with retail and online sales totalling 20% and 25% respectively.

While this represented a 6% rise in online sales as a percentage of total group sales during the period, retail sales as a percentage fell by 9%.

This was largely impacted by government restrictions, and a net global store closure of eight at the group, with the UK’s number of shops dropping from 140 to 138 during the period.

Kevin Rountree, CEO at Games Workshop, said: “After a tough year we are delighted that the Warhammer hobby and Games Workshop are in great shape; thanks to everyone involved and thanks to everyone that continues to keep us safe and well.”

Earnings per share also climbed to 372.7p, a year-on-year increase of over 70% from FY20’s 218.7p.

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