Annual Report 2019

Key insights

7 takeaways · ~3 min read

01
Games Workshop Group PLC reported a strong financial performance in 2019, with revenue increasing to £256,574,000 from £221,304,000 in 2018, and operating profit rising to £81,199,000 from £74,319,000.See it on page 2
02
The company achieved a third consecutive year of record constant currency sales, profit, cash generation, and returns to shareholders, driven by its core business of producing and selling fantasy miniatures.See it on page 7
03
Earnings per share grew to 202.9p in 2019 from 184.3p in 2018, and dividends per share declared in the year increased significantly to 155p from 126p.See it on page 60
04
Cash generated from operations also saw a healthy increase, reaching £88,776,000 in 2019 compared to £82,332,000 in 2018.See it on page 2
05
Despite the positive financial results, the company's return on capital decreased from 120% in 2018 to 100% in 2019, primarily due to an increase in average capital employed.See it on page 12
06
The company declared dividends of £50.3 million in 2019, an increase from £40.6 million in 2018, adhering to its principle of returning surplus cash to shareholders.See it on page 12
07
Games Workshop Group PLC made significant investments in assets in 2019, totaling £16.2 million, including £7.2 million for production equipment and tooling, and £3.7 million for computer equipment and software.See it on page 12

Summary

Revenue 256,574 221,304 Revenue at constant currency 255,295 221,304 Operating profit - pre-royalties receivable 69,834 64,702 Royalties receivable 11,365 9,617 Operating profit 81,199 74,319 Profit before taxation 81,296 74,270 Cash generated from operations 88,776 82,332 Earnings per share ...