Shares in Games Workshop, the Nottingham-based maker of the Warhammer game series, surged more than 11% on Thursday after the company forecast a substantial jump in sales and profits. The firm rose to the top of the FTSE 100 index following its latest trading update.
Games Workshop told investors it expects revenues for the six months to the end of November to reach at least £310 million, a 15% increase from the £269 million generated in the same period last year. Pre-tax profit for the half-year is forecast to be around £135 million, up from nearly £127 million in the comparable period.
The company had previously warned that tariff plans under US President Donald Trump could wipe £12 million off its profits. It did not provide a further update on the impact on Thursday, but nonetheless expects half-year profits to have increased compared to 2024.
Games Workshop was promoted to the FTSE 100 last year, nearly 50 years after founders Ian Livingstone, Steve Jackson and John Peake set up the company in 1975. The firm runs about 570 stores globally, selling Warhammer miniatures that enthusiasts collect, paint, and play games with. It also has licensing agreements with partners who produce video games based on the fantasy sci-fi universe.
