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Games Workshop reports best first half-year performance
Games Workshop, the Nottingham-based manufacturer of miniature wargames, has reported its best first half performance.
According to half-yearly results for the 26 week period ended 1 December 2024, revenue at the business jumped to £299.5m from £247.7m in the same period of the year prior. Pre-tax profit, meanwhile, grew to £126.8m from £95.2m.
Kevin Rountree, CEO of Games Workshop, said: “I’m delighted to report our best first half-year performance. A huge thank you to our staff, customers, trade accounts and broader stakeholders for their ongoing support.”
Games Workshop noted that it is not expecting any material impact on its financial performance for the year to May 2025 following the UK’s Autumn Budget (e.g. increases to the National Living Wage), as it already pays all UK staff, as a minimum, close to the new level. The business noted however that it may drive third party input cost increases in 2025/2026. The firm added that it is busy progressing the construction of its fourth factory at its HQ in Nottingham, which is due to be completed in the summer of 2026, while Games Workshop’s new paint factory at nearby Easter Park will be operational this financial year.The company recently concluded negotiations with Amazon for the adaption of Games Workshop’s Warhammer 40,000 universe into films and television series, together with associated merchandising rights.
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Rolls-Royce appoints design partners for Derby site expansion
Rolls-Royce Submarines Infrastructure Director Terry Meighan said: “The expansion work we have planned is of critical national importance as it enables us to safely increase our speed of manufacture, helping to deliver Dreadnought and the new SSN-AUKUS attack submarines at a much faster rate.
Andy Smart, Head of Major Projects – Nuclear, AtkinsRéalis, said: “These new facilities will be vital to deliver new submarines safely, swiftly and efficiently and we’re delighted to be appointed alongside Mott MacDonald to progress these plans at pace.
Jeremy Reed, Global Practice Leader – Nuclear, Mott MacDonald, said: “Mott MacDonald brings over 60 years of experience delivering complex technical solutions in highly regulated, secure, and safety-critical nuclear environments.
“Combined with our commitment to excellence, safety, and sustainability, this experience, along with that of our partner AtkinsRéalis, will play a key role in supporting Rolls-Royce Submarines to deliver the successful expansion of the Derby site, continuing our longstanding commitment to support the UK submarine enterprise.”