Games Workshop, the manufacturer of the popular Warhammer 40,000 miniatures, has announced an estimated £120 million profit over the last six months, exceeding analysts' expectations. The company, based in Nottingham, continues to perform exceptionally well with a core revenue of at least £260 million.
Warhammer firm Games Workshop has revealed it brought in an estimated £120 million profit over the last six months, in an update that has been hailed as "astonishing" by analysts. The manufacturer of the phenomenally popular Warhammer 40,000 miniatures, which operates from its Lenton Lane business complex in Nottingham , has a worldwide reach and has made huge amounts of revenue and profit in recent years.
"The board’s estimate of the results for the six months to December 1, at actual rates, is core revenue of not less than £260 million and licensing revenue of not less than £30 million . The group’s profit before tax is estimated to be not less than £120 million ." Space Marine 2, a videogame set within Games Workshop's Warhammer 40,000 world, was released in September and was purchased by 4.5 million gamers in the month afterwards. Edison Group, an investment research firm, labelled the trading update "outstanding" and explained Games Workshop was expected to now make more profit than its analysts had previously predicted.
"The real surprise comes from licensing revenue which has increased by an astonishing 150 per cent year-on-year to not less than £30m, way ahead of our prior FY25 estimates of £25m. The strong growth in licensing has a significant effect on profitability as it is a very profitable revenue stream.
Games Workshop Warhammer 40000 Profit Business Update Nottingham
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