Warhammer 40K maker Games Workshop sees profit edge higher on strong core sales
22/05/2026 07:52
May 22 (Reuters) - British miniature wargames maker Games Workshop GAW.L on Friday forecast annual profit ahead of market expectations, driven by a surge in core miniatures sales following a record prior year boosted by blockbuster video game Space Marine 2. Here are some details: • The company estimated profit before tax of not less than £265 million ($355.63 million) for the 52 weeks ending May 31, compared with analysts' expectations of £251.05 million, according to LSEG data, and up from £262.8 million a year earlier. • Core revenue, the firm's primary earnings driver from sales of miniatures, rulebooks and paints is expected to grow about 10.6% to not less than £625 million year over year. • Licensing revenue is forecast at not less than £30 million, down from £52.5 million the previous year. • The Nottingham-based company has more than doubled its annual revenue over five years, from £269.7 million in fiscal 2020. • Games Workshop, the only publicly listed pure-play miniatures company globally, last traded at £190.5 per share, valuing it at about £6.30 billion. • The FTSE 100 company plans to publish its annual results on July 28. ($1 = £0.7452) Games Workshop's share performance in the past year https://www.reuters.com/graphics/GAMES%20WORKSHOP-STOCKS/egvbexddzpq/chart.png (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Nivedita Bhattacharjee) ((DhanushVignesh.Babu@thomsonreuters.com))