Sport & Leisure

Games Workshop expects PBT to rise to £170m

However, it forecasts its licensing income to fall to £25m from £28m

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Games Workshop has revealed it expects its profit before tax for the year to be no less than £170m, up from £157m in 2021-22, according to its annual report for the 52 weeks ended 28 May 2023.

It also expects its core revenue to be not less than £440m, up from £387m the previous year.

However, it forecasts its licensing income to fall to £25m from £28m.

As in the previous year, the group made profit share cash payments during the year totaling £11m (2020/21: £10m) in recognition of the contribution made by our workers to these outcomes.

In April, the miniature wargames manufacturer announced the appointment of Mark Lam as non-executive director of the company.

Lam has previously been chief technology and information officer at Openreach and a senior executive at BT Group.

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