Fantasy Miniatures Retailer Sees 14% Increase in Sales

  • 14% increase in sales to £125.2m for Games Workshop in half-year results
  • Constant currency sales up by 13% to £124m
  • Total operating profit increased by £2.7m to £40.8m
  • Concerns over Brexit’s impact on goods movement and EU workforce
  • CEO Kevin Rountree praises business performance and strategy

Games Workshop, a retailer of fantasy miniatures, has reported a 14% increase in sales to £125.2 million for the half-year period ending December 2018. On a constant currency basis, sales grew by 13% from £109.6 million to £124 million, with retail sales up to £42.3 million (£39.6 million in 2017), trade sales at £60.7 million (£48 million in 2017), and online sales reaching £21.2 million (£22 million in 2017). The company also mentioned the potential risks of Brexit on goods movement across all sales channels and EU workforce. CEO Kevin Rountree praised the business’s performance and strategy, stating they remain committed to producing and selling the best fantasy miniatures while engaging fans. December trading was in line with the first half’s performance, and a 25 pence per share dividend has been declared by the board.

Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about Games Workshop’s sales increase, operating profit, and concerns regarding Brexit. It also includes a quote from the CEO, Kevin Rountree, which adds credibility to the content.
Noise Level: 3
Noise Justification: The article provides relevant information about Games Workshop’s sales increase and mentions concerns regarding Brexit, but lacks a deeper analysis or exploration of its consequences on the company and industry.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s stock price and related miniatures industry
Financial Rating Justification: The article discusses Games Workshop’s financial performance, including sales increase, operating profit, and concerns about Brexit impact on their business. This information is relevant to investors and the company’s stock price, as well as the miniatures industry as a whole.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification:

Reported publicly: www.retailsector.co.uk