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Games Workshop profits to hit £155m in FY results
Author: Ardfern

Games Workshop profits to hit £155m in FY results

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Games Workshop has announced that its profit-before-tax is set to hit £155m in the year to 29 May 2022, while estimating its core revenue will “not be less than” £385m, with receivable royalties of £28m.  

Alongside its latest trading update, the group announced it would share bonuses amounting to £10m amongst its staff in recognition of these latest results. 

Its previous full-year results for the year ending 30 May, 2021 saw group revenues soar 31% year-on-year to £353.2m.

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

Its results for the previous year were 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.

Its annual report for the year to 29 May 2022 will be available on 26 July 2022.  

 

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