Updated Mar 17, 2026 by Games Workshop Group
Games Workshop achieved record financial performance for the six months ending November 29, 2020, with revenue rising 26% to £186.8 million and operating profit reaching £92.0 million.
The company’s growth was driven by an 87% increase in online revenue and 33% growth in trade accounts, which offset physical retail declines caused by pandemic restrictions.
Liquidity improved significantly, with the cash balance reaching £96.5 million—nearly triple the previous year's figure—supported by £84.3 million in net cash from operating activities.
Manufacturing output was increased by 30% to meet demand, backed by ongoing capital investments in logistics infrastructure within the United Kingdom and North America.
The company declared a total dividend of 80p per share and issued a £5.0 million discretionary payment to employees.
Strategic focus remains on long-term intellectual property exploitation, including the continued development of a television series despite a temporary dip in royalty income.
Games Workshop achieved record financial performance for the six months ending November 29, 2020, with revenue rising 26% to £186.8 million and operating profit reaching £92.0 million.
The company’s growth was driven by an 87% increase in online revenue and 33% growth in trade accounts, which offset physical retail declines caused by pandemic restrictions.
Liquidity improved significantly, with the cash balance reaching £96.5 million—nearly triple the previous year's figure—supported by £84.3 million in net cash from operating activities.
Manufacturing output was increased by 30% to meet demand, backed by ongoing capital investments in logistics infrastructure within the United Kingdom and North America.
The company declared a total dividend of 80p per share and issued a £5.0 million discretionary payment to employees.
Strategic focus remains on long-term intellectual property exploitation, including the continued development of a television series despite a temporary dip in royalty income.