Games Workshop to hand out £ 20m to staff as Warhammer Maker continues to build up

Game workshopping staff is ready for a wind drop of £ 20 million after the Table Top Miniature Giant reported on strong sales and surplus growth.

The Nottingham-based maker of the popular Warhammer series will distribute bonus payments, drawn from profits, “on a straight basis to each employee”.

The company said the payment recognizes the employees’ contribution to the robust financial results achieved in the year ending June 1st.

This is the increase from the £ 18 million that is shared among the staff the year before, and significantly more than the £ 11 million that was distributed two years before. Tull -year results are expected soon.

Games Workshop does not reveal how many employees it employs, but it is believed to have about 1,500 people working on their Nottingham base and more globally.

It ran nearly 550 stores at the end of the last financial year that sold Warhammer products that customers can collect, paint and play games with.

Games Workshop said it expects the revenue for the last financial year to be at least £ 560 million, up from £ 495 million the year before.

This year’s profits for the year are estimated to be at least £ 255 million, up from £ 203 million last year.

The company took up the ranks of the FTSE 100 index last year, just under 50 years after founders Ian Livingstone, Steve Jackson and John Peake created the company in 1975.

Warhammer -figures made by Games Workshop (Games Workshop/Pa)

Warhammer -figures made by Games Workshop (Games Workshop/Pa)

A rapidly growing part of its new cash comes from video arrangements.

Two new games around Warhammer 40,000 Sci-Fi universe were launched in the second part of last year, which is the majority of a 140% increase in the license revenue.

In December, Games Workshop also entered into an agreement with Amazon to allow it to adapt the product to movies and TV.

While it did not give a number of the deal, CEO Kevin Rowntree said: “We own what we think are some of the best under -utilized intellectual property rights globally.”

The revenue from the Amazon agreement was not included in these preliminary results when it was hit after December 1st.

The expectation of the launches also helped get more customers through the door with a new record for core sales that rose 12%.

“It’s reasonable to say that our results were helped by some of the excitement of media and licensing product launches,” added Mr Rowntree.

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