Games Workshop

Why does Games Workshop never lose money?

Games Workshop was founded in 1975 and last posted a loss in 2007. This came after it had licensed the rights to make miniatures and a game using characters and stories from The Lord of The Rings but saw a decline in interest for the franchise. Since that point the…

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Today’s news in brief-5/3/25

Walgreens Boots Alliance, owner of Boots, is in advanced talks with private-equity firm Sycamore Partners for a potential $10 billion deal to take the struggling drugstore chain private. This move comes amid Walgreens’ shares declining sharply over the past decade, from a peak market value of over $100bn in 2015…

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Games Workshop welcomes strong start to 2025

Games Workshop has revealed today (5 March) in a short trading update that its performance in January and February has been ahead of expectations.  According to the designer and maker of miniature figurines, it has benefited from strong trading across both the core business and licensing.  As a result, the…

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Today’s news in brief-19/6/24

UK inflation has hit its target for the first time in almost three years, with consumer price inflation easing to 2% in May, down from 2.3% in April. The Bank of England last reached this target in July 2021. The Office for National Statistics attributes the decline primarily to falling…

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Games Workshop profits to hit £200m in FY results

Games Workshop has said it expects its profit-before-tax will hit “no less” than £200m in its full-year results, up from £171m the prior year. It comes as the group’s core revenues are expected to be not less than £490m in the 53 weeks ended 2 June 2024, up from £445m…

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Today’s news in brief-23/5/24

The Very Group’s pre-tax losses narrowed to £2.1m for the 39-week period ending March 30, down from £11.7m the previous year, despite a slight dip in total revenue by 0.8% to £1.6bn. Very UK, contributing 86% of the group’s sales, saw a revenue increase of 1% to £1.4bn. However, Littlewoods…

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Games Workshop appoints new finance director

Games Workshop has announced that Elizabeth Harrison has been appointed as finance director subject to board approval. Harrison joined Games Workshop in March 2000 as a finance manager for the German sales business. She has had various roles within finance and business analysis within Games Workshop and has been the…

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Games Workshop expects PBT to rise to £170m

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…

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Games Workshop appoints new non-executive director

Miniature wargames manufacturer Games Workshop has recently announced the appointment of Mark Lam as non-executive director at the company.  The group said Lam has many years of experience in telecommunications and information technology, having previously been chief technology and information officer of Openreach and a senior executive at BT Group. …

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Burberry appoints new non-executive director

Burberry Group has announced that Alan Stewart has been appointed to the board as a non-executive director and member of the Audit and nomination committees, with effect from 1 September 2022. The company has also announced that Matthew Key will be retiring as a non-executive director following completion of nine…

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