‘Rewarding’ year sees Games Workshop bounce back

Games Workshop, the Nottingham-based adventure games manufacturer and retailer, has bounced back in the second half of its financial year to post a “rewarding” set of results.

The firm’s revenue dropped slightly from £119.1m to £118.1m over the period, with profit before tax rising from £16.58m to £16.95m.

Kevin Rountree, CEO of Games Workshop said: “We made progress in what was another busy and rewarding year. We made progress on the priorities I set for 2015/16, including store openings and broadening our product range. These initiatives will remain key areas of focus through 2016/17.

“After a disappointing December we carried out a thorough review of our operational plans and, thanks to a great team effort, we bounced back with four out of five months of profitable sales growth.

“We have again honoured our commitment to distribute genuinely surplus cash to our shareholders. That commitment isn’t going to change.

“We are confident we can achieve the priorities I have set for 2016/17.

“The board continues to believe that the prospects for the business are good.”