Games Workshop reported revenue of £56.5 million for the six months to 30 November 2014, compared with £60.5 million in the prior year. At constant currency, revenue declined 1.7% to £59.5 million.
Operating profit fell to £6.2 million from £7.7 million in the previous year. Pre-tax profit also fell to £6.3 million from £7.7 million.
Retail sales declined by 9.7%, or £2.4 million, due to restructuring in North America and Continental Europe and reduced sales from the Nottingham Visitor Centre. Trade sales fell by 5.1%, or £1.2 million.
Operating expenses were reduced by £3.2 million, including £2.7 million from retail channel costs and £1.0 million from the Continental European reorganization. The core business operating margin was 9.8%, down from 11.0% in 2013.
Games Workshop Group PLC (“Games Workshop” or the “Group”) announces its half-yearly results for the six months to 30 November 2014. Six months to Six months to Revenue £56.5m £60.5m Revenue at constant currency £59.5m £60.5m Operating profit pre-royalties receivable £5.5m £6.6m Royalties receivable £0.7m £1.0m Operating profit ...
Games Workshop Group · 2025
Games Workshop Group