Half-Yearly Report: 2025

1. 01
   Games Workshop Group PLC reported a record half-year performance for the 26 weeks ended November 30, 2025, with total revenue reaching £332.1 million, up from £299.5 million in the prior year.See it on page 1
2. 02
   Core revenue increased significantly to £316.1 million (from £269.4 million), while licensing revenue decreased to £16.0 million (from £30.1 million).See it on page 7
3. 03
   Operating profit grew to £140.4 million (from £126.1 million), and profit before taxation increased to £140.8 million (from £126.8 million).See it on page 19
4. 04
   Earnings per share rose to 319.9p (from 288.9p), and dividends per share declared and paid in the period were 225p (from 185p).See it on page 21
5. 05
   The company is expanding its infrastructure with a new UK warehousing facility opening in 2027 and a new Warhammer World format location in North America also planned for 2027.See it on page 3
6. 06
   Online sales increased by 4.0% compared to the same period last year, with orders picked up in Warhammer stores increasing by 19.2% (£0.8 million).See it on page 9
7. 07
   Games Workshop is actively addressing environmental impact by expanding its in-store sprue recycling scheme to France and America, with plans for Germany.See it on page 13

Half-Yearly Report: 26 Weeks Ended 30 November 2025

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