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ITV News
23-05-2025
- Business
- ITV News
Nottingham based Games Workshop to hand out £20 million to staff after profits grow
The Nottinghamshire company that makes Warhammer is handing out around £20 million to its staff, after it grew sales and profits over the past year. Games Workshop, which is based in Nottingham, said it will make the cash payments, as a share of its profits, 'on an equal basis to each member of staff'. It says it is in recognition of employees' contributions to its strong performance over the last financial year - and is an improved payout on the £18 million it awarded staff last year, and £11 million the prior year. Games Workshop does not disclose how many staff it employs, but it is thought to have some 1,500 people working at its Nottingham base and more globally. The company ran more than five hundred stores at the end of the last financial year, selling Warhammer products that customers can collect, paint, and play games with. Games Workshop said it expects revenues for the latest financial year to be at least £560 million, up from £495 million the year before. Pre-tax profits for the year are estimated to be at least £255 million, up from £203 million last year. The company joined the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in in 1975. In December, Games Workshop struck a deal with Amazon to . As well as making miniatures, the company also has licensing agreements with partners who make video games based around the fantasy sci-fi universe.
Yahoo
23-05-2025
- Business
- Yahoo
Games Workshop to hand out £20m to staff as Warhammer maker continues to build
Games Workshop staff are set for a £20 million windfall after the tabletop miniatures giant reported strong sales and profit growth. The Nottingham-based maker of the popular Warhammer series will distribute the bonus payments, drawn from profits, "on an equal basis to each member of staff". The company said the payout recognises employees' contributions to the robust financial performance achieved in the year ending June 1st. It is increase from the £18 million shared amongst staff the previous year, and significantly more than the £11 million distributed two years prior. Full-year results are expected soon. Games Workshop does not disclose how many staff it employs, but it is thought to have some 1,500 people working at its Nottingham base and more globally. It ran nearly 550 stores at the end of the last financial year selling Warhammer products that customers can collect, paint, and play games with. Games Workshop said it expects revenues for the latest financial year to be at least £560 million, up from £495 million the year before. Pre-tax profits for the year are estimated to be at least £255 million, up from £203 million last year. The company joined the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in in 1975. A fast-growing chunk of its new cash is coming from video game adaptations. Two new games around the Warhammer 40,000 sci-fi universe launched in the second part of last year, making up the bulk of a 140% increase in licensing revenue. In December, Games Workshop also struck a deal with Amazon to allow it to adapt the product for film and television. While it did not give figures on the deal, chief executive Kevin Rowntree said: 'We own what we believe is some of the best under-exploited intellectual property globally.' The proceeds from the Amazon deal were not included in these interim results as it was struck after December 1. The anticipation around the launches also helped get more customers through the door, with a new record for core sales, which rose 12%. 'It's fair to say our results were helped by some of the excitement around media and licensing product launches,' Mr Rowntree added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Games Workshop to hand out £20m to staff as Warhammer maker continues to build
Games Workshop staff are set for a £20 million windfall after the tabletop miniatures giant reported strong sales and profit growth. The Nottingham-based maker of the popular Warhammer series will distribute the bonus payments, drawn from profits, "on an equal basis to each member of staff". The company said the payout recognises employees' contributions to the robust financial performance achieved in the year ending June 1st. It is increase from the £18 million shared amongst staff the previous year, and significantly more than the £11 million distributed two years prior. Full-year results are expected soon. Games Workshop does not disclose how many staff it employs, but it is thought to have some 1,500 people working at its Nottingham base and more globally. It ran nearly 550 stores at the end of the last financial year selling Warhammer products that customers can collect, paint, and play games with. Games Workshop said it expects revenues for the latest financial year to be at least £560 million, up from £495 million the year before. Pre-tax profits for the year are estimated to be at least £255 million, up from £203 million last year. The company joined the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in in 1975. A fast-growing chunk of its new cash is coming from video game adaptations. Two new games around the Warhammer 40,000 sci-fi universe launched in the second part of last year, making up the bulk of a 140% increase in licensing revenue. In December, Games Workshop also struck a deal with Amazon to allow it to adapt the product for film and television. While it did not give figures on the deal, chief executive Kevin Rowntree said: 'We own what we believe is some of the best under-exploited intellectual property globally.' The proceeds from the Amazon deal were not included in these interim results as it was struck after December 1. The anticipation around the launches also helped get more customers through the door, with a new record for core sales, which rose 12%. 'It's fair to say our results were helped by some of the excitement around media and licensing product launches,' Mr Rowntree added. Error while retrieving data Sign in to access your portfolio Error while retrieving data


The Independent
23-05-2025
- Business
- The Independent
Games Workshop to hand out £20m to staff as Warhammer maker continues to build
Games Workshop staff are set for a £20 million windfall after the tabletop miniatures giant reported strong sales and profit growth. The Nottingham -based maker of the popular Warhammer series will distribute the bonus payments, drawn from profits, "on an equal basis to each member of staff". The company said the payout recognises employees' contributions to the robust financial performance achieved in the year ending June 1st. It is increase from the £18 million shared amongst staff the previous year, and significantly more than the £11 million distributed two years prior. Full-year results are expected soon. Games Workshop does not disclose how many staff it employs, but it is thought to have some 1,500 people working at its Nottingham base and more globally. It ran nearly 550 stores at the end of the last financial year selling Warhammer products that customers can collect, paint, and play games with. Games Workshop said it expects revenues for the latest financial year to be at least £560 million, up from £495 million the year before. Pre-tax profits for the year are estimated to be at least £255 million, up from £203 million last year. The company joined the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in in 1975. A fast-growing chunk of its new cash is coming from video game adaptations. Two new games around the Warhammer 40,000 sci-fi universe launched in the second part of last year, making up the bulk of a 140% increase in licensing revenue. In December, Games Workshop also struck a deal with Amazon to allow it to adapt the product for film and television. While it did not give figures on the deal, chief executive Kevin Rowntree said: 'We own what we believe is some of the best under-exploited intellectual property globally.' The proceeds from the Amazon deal were not included in these interim results as it was struck after December 1. The anticipation around the launches also helped get more customers through the door, with a new record for core sales, which rose 12%. 'It's fair to say our results were helped by some of the excitement around media and licensing product launches,' Mr Rowntree added.
Yahoo
23-05-2025
- Business
- Yahoo
Games Workshop to hand out £20m to staff as Warhammer maker continues to build
Games Workshop staff are set for a £20 million windfall after the tabletop miniatures giant reported strong sales and profit growth. The Nottingham-based maker of the popular Warhammer series will distribute the bonus payments, drawn from profits, "on an equal basis to each member of staff". The company said the payout recognises employees' contributions to the robust financial performance achieved in the year ending June 1st. It is increase from the £18 million shared amongst staff the previous year, and significantly more than the £11 million distributed two years prior. Full-year results are expected soon. Games Workshop does not disclose how many staff it employs, but it is thought to have some 1,500 people working at its Nottingham base and more globally. It ran nearly 550 stores at the end of the last financial year selling Warhammer products that customers can collect, paint, and play games with. Games Workshop said it expects revenues for the latest financial year to be at least £560 million, up from £495 million the year before. Pre-tax profits for the year are estimated to be at least £255 million, up from £203 million last year. The company joined the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in in 1975. A fast-growing chunk of its new cash is coming from video game adaptations. Two new games around the Warhammer 40,000 sci-fi universe launched in the second part of last year, making up the bulk of a 140% increase in licensing revenue. In December, Games Workshop also struck a deal with Amazon to allow it to adapt the product for film and television. While it did not give figures on the deal, chief executive Kevin Rowntree said: 'We own what we believe is some of the best under-exploited intellectual property globally.' The proceeds from the Amazon deal were not included in these interim results as it was struck after December 1. The anticipation around the launches also helped get more customers through the door, with a new record for core sales, which rose 12%. 'It's fair to say our results were helped by some of the excitement around media and licensing product launches,' Mr Rowntree added.