Posted on July 25, 2023 at 2:40 am
By Joe Hopp
Games Workshop Group said on Tuesday that profit and revenue for the 2023 financial year rose after delivering growth in all major countries.
The British miniatures game company said profit for the year ended May 28 rose to 170.6 million pounds ($218.8 million) from 156.5 million pounds a year earlier. After a relatively slow start…
By Joe Hopp
Games Workshop Group said on Tuesday that profit and revenue for the 2023 financial year rose after delivering growth in all major countries.
The British miniatures game company said profit for the year ended May 28 rose to 170.6 million pounds ($218.8 million) from 156.5 million pounds a year earlier. After a relatively slow start to the year, the company posted profitable sales growth across all three channels and in all major countries, it said.
Revenue rose to £470.8m from £414.8m. Underlying revenue was up 15% to £445.4m, although licensing revenue was up 9.3% to £25.4m.
The company will prioritize a number of key initiatives in fiscal 2024 designed to drive further sales growth while maintaining core operating profit margins, it said.
Email Joe Hoppe at joseph.hoppe@wsj.com
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