As reported on Geek Native, Games Workshop did not muck around when the lockdown was announced. The British model makers secured £25m in overdraft and sought subsidies from the government.
The company now reports it has had a record half-year. Annual profits to the end of May 2020 will beat money made during the same months last year. How much? Games Workshop should make at least £85m (about $107m) on pre-tax profits. That’s some £270m of sales, up from £256.
Games Workshop is re-opening stores around the world when it can. It turns out that Warhammer fans are eager to get back inside and wherever a local store can re-open, there is usually high demand.
In a statement, Games Workshop addressed the money they had been given to help weather the lockdown;
In light of these results, we aim to repay any amounts that have already been received, where possible,”
Photo by Jack B.
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